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$3,200,000
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2501489
HOA Y/N No
Year Built 1953
Property Sub-Type Multi Family
Property Description
Appraised at $3.55M in 2024! on't miss this exceptional 10-unit multifamily investment opportunity in the heart of Long Beach. This fully renovated property boasts a 100% occupancy rate and offers a diverse unit mix: (1) x 3 Bed, 2 Bath + Yard, (2) x 2 Bed, 1 Bath, (7) x 1 Bed, 1 Bath. All units were remodeled in 2019, featuring stainless steel appliances, laminate and tile flooring, and modern finishes throughout. The property offers a total of 7,876 sq ft and 5 car garages. Located in a desirable area of Long Beach with easy access to local shops, dining, and the beach, this turnkey property is perfect for investors seeking immediate cash flow and long-term growth. Whether you're a seasoned investor or new to multifamily properties, this property offers both stability and potential.
Location
State CA
County Los Angeles
Area 197 - Long Beach
Zoning LBR1N
Interior
Fireplace No
Building
Lot Description 6-10 Units/Acre
Story 2
Others
Tax ID 7266026026
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Probate Listing
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Listed by Marina Morse • eXp Realty of California, Inc.