Long Beach, CA 90806,1015 20th Street
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$ 1,500,000
Est. payment | /mo

9 Beds

5 Baths

6,755 Sqft Lot


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$ 1,500,000
Est. payment | /mo
Save

9 Beds

5 Baths

6,755 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 SB24211058

Bedrooms 9

HOA Y/N No

Lot Size 6,755 Sqft

Property 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 wont last long!
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 wont last long!

Location

State CA

County Los Angeles

Area Long Beach (90806)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $105

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,400

Listing Terms Cash, Conventional, Exchange

San Diego Regional MLS (SDMLS)
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
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6534 Persa Dr, Carlsbad, California, 92009, USA

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1015 20th Street