$ 1,500,000
1001 20th Street Long Beach, CA 90806
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Listed by John W. Stiegler II • Lyon Stahl Investment Real Estate, Inc.
$ 1,500,000
Est. payment | /mo
4,675 SqFt
$ 1,500,000
Est. payment | /mo
4,675 SqFt
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
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Darren Humphrey
Partner | Lic# DRE 01724424