Sold
Closed
2632 E 15th Street
Long Beach CA, 90804
$1,620,000
$350.65 per sqft
Sold
Closed
4,620 sqft
Multi-family
Built in 1958
Listed by Monica Yekani with The Beverly Hills Estates 818-431-0467
Investment Opportunity in Prime Long Beach Location. We are excited to present an exceptional investment opportunity in the highly sought-after Long Beach area. This well-maintained property comprises six spacious, unfurnished units, each offering 2 bedrooms and 1 bathroom with approximately 770 square feet of living space and well over $120K in renovations and upgrades. The total building area is 4,620 square feet, situated on a lot of 6,486 square feet. Key Features: Fully Occupied Units: All six units are currently occupied, ensuring immediate and steady rental income.Desirable Layout: Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Enclosed Yard: Tenants enjoy the added benefit of an enclosed yard, enhancing the property's appeal. Prime Location: The property is ideally located near amenities, schools, and transportation. Rent Controlled: The property operates under rent control, offering stability and predictability in rental income. This investment offers a combination of reliable income and the potential for long-term appreciation in a coveted area. Great long term tenants, low maintenance. Don't miss out on this outstanding opportunity to bolster your investment portfolio with this bread and butter 6-unit residential income property.
SR24139942
MLSⓇ ID
July 10, 2024
Listed
December 5, 2024
Updated
Map
2632 E 15th Street
Long Beach CA, 90804
Interior Features
Total Stories
2
Laundry Description
See Remarks
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
0-1 Unit/Acre, Yard
Architectual Style
Traditional
Sewer
Public Sewer
Other Property Details
Area Name
699 - Not Defined
Garage
No
Parking
Assigned, Tandem, Uncovered
Parking Total
12
View
Yes
View Description
Neighborhood
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBR2N
Listing History
Date | Event | Price |
---|---|---|
9/12/2024 | Sold | $1,620,000 |
Listing Contact: 310-626-4248
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 5:23 AM UTC