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Listed by Ivette Reese • Koinos Real Estate Group
$1,200,000
Est. payment /mo
2,400 SqFt
UPDATED:
12/06/2024 02:03 AM
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $500
MLS Listing ID CRPW24187680
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1957
Lot Size 4,882 Sqft
Property Description
Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
Building
Water Public
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803