2632 E 15Th Street, Long Beach, CA 90804
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Sold Price :
$1,620,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1958
Property Description
Investment Opportunity in Prime Long Beach Location. We are excited to present an exceptional investment opportunity in the highly sought-after Long Beach area. This well-maintained property comprises six spacious, unfurnished units, each offering 2 bedrooms and 1 bathroom with approximately 770 square feet of living space and well over $120K in renovations and upgrades. The total building area is 4,620 square feet, situated on a lot of 6,486 square feet. Key Features: Fully Occupied Units: All six units are currently occupied, ensuring immediate and steady rental income.Desirable Layout: Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Enclosed Yard: Tenants enjoy the added benefit of an enclosed yard, enhancing the property's appeal. Prime Location: The property is ideally located near amenities, schools, and transportation. Rent Controlled: The property operates under rent control, offering stability and predictability in rental income. This investment offers a combination of reliable income and the potential for long-term appreciation in a coveted area. Great long term tenants, low maintenance. Don't miss out on this outstanding opportunity to bolster your investment portfolio with this bread and butter 6-unit residential income property.
Interior Features
Laundry Information |
Location(s) |
See Remarks |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
2632 E 15Th Street |
City |
Long Beach |
State |
CA |
Zip |
90804 |
County |
Los Angeles |
Listing Agent |
Monica Yekani DRE #01994120 |
Courtesy Of |
The Beverly Hills Estates |
Close Price |
$1,620,000 |
Status |
Closed |
Type |
Residential Income |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
6,486 |
Year Built |
1958 |
Listing information courtesy of: Monica Yekani, The Beverly Hills Estates. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 12th, 2024 at 9:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.