1015 20th Street new

Long Beach,CA 90806

$ 1500000

- Bed

0 Bath

4966 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,966 sqft

Price per Sqft $302

Subdivision Eastside

MLS Listing ID SB-24211058

Year Built 1985

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 won't last long!

Location

State CA

County Los Angeles

Interior

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Garage On Site

Pool None

Community Features Sidewalks,Urban

Building

Lot Description Rectangular Lot

Sewer Public Sewer

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