$1,760,000
1001 20th Street Long Beach, CA 90806
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$1,760,000
Est. payment /mo
6 Beds
4 Baths
4,236 Sqft Lot
UPDATED:
10/15/2024 11:54 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24211287
Bedrooms 6
HOA Y/N No
Lot Size 4,236 Sqft
Property Description
Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem wont last long!
Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem wont last long!
Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem wont last long!
Location
State CA
County Los Angeles
Area Long Beach (90806)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $86
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,681
Listing Terms Cash, Conventional, Exchange
Read Less Info
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
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