1001 20th Street new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90806
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,675 sqft
Price per Sqft $320
Subdivision Eastside
MLS Listing ID SB-24211287
Year Built 1924
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 won't last long!
Location
State CA
County Los Angeles
Interior
Laundry Gas & Electric Dryer Hookup
Exterior
Garage Gated
Pool None
Community Features Sidewalks,Urban
Building
Lot Description Rectangular Lot
Sewer Public Sewer