1015 20th Street
Long Beach, CA 90806
0.16 acres | #SB24211058
Description
Unlock the potential of this 4-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious 2 and 3-bedroom units, this well-maintained building can be sold separately or together, 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 won’t last long!
Property Details
- Lot DescriptionRectangularLot
- SubdivisionEastside (ES)
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,500,000
- MLS #SB24211058
- MLS #SB24211058
- Property SubtypeApartment
- Cost1500000
- Acres0.1551
- Utility SourcePublic
- Year Built1985
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: John Stiegler II (#sbstiejoh)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
