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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$1,425,000

Est. payment - /mo

6,756 Sqft Lot

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UPDATED:

02/13/2025 02:36 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID SB25011794

HOA Y/N No

Year Built 1924

Lot Size 6,756 Sqft

Property Sub-Type Quadruplex

Property Description

NOTE: CAN BE SOLD TOGETHER OR SEPERATE WITH NEIGHBOR PARCEL 7210-021-013 (6 UNIT).
Large 4 unit multifamily building in the heart of Long Beach with a highly desirable unit mix and quality rents. Parking in rear with additional room for potential ADU or large coin op laundry facility. Low price per square foot and high GRM/CAP for the area with a relatively new building (1980's). Sold AS IS with rents and tenants already in place. Do not miss this attractive cash flowing asset!
*expenses are estimates, income is actual

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR1N

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Biking, Curbs, Sidewalks, Urban

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7210021012

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Christian Milner • Christian Milner Realty Group • 714-943-1489

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1015 E 20th ST Long Beach, CA 90806