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$ 1,199,000
Est. payment | /mo
8 Beds
4 Baths
3,674 Sqft Lot
$ 1,199,000
Est. payment | /mo
8 Beds
4 Baths
3,674 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26124554
Bedrooms 8
Lot Size 3,674 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside an investor's dream in one of Southern California's most dynamic rental markets. Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors. Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers the kind of location that keeps units filled and turnover low.
Location
State CA
County Los Angeles
Zoning Assessor
Direction anaheim to chestnut
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7272002030
Listed by Joshua Hammond, DRE#01815056 Compass
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