Active
1001 20th Street
Long Beach CA, 90806
$1,500,000
$320.86 per sqft
Active
4,675 sqft
Condos
Built in 1924
Listed by John Stiegler II with Lyon Stahl Investment Real Estate, Inc. 310-447-2213
Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, 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!
SB24211287
MLSⓇ ID
October 14, 2024
Listed
November 20, 2024
Updated
Map
1001 20th Street
Long Beach CA, 90806
Interior Features
Total Stories
2
Laundry Description
Electric Dryer Hookup, Gas Dryer Hookup
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.1 Acres
Lot Features
Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
3 - Eastside, Circle Area
Days on Market
37
Garage
No
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
11/20/2024 | Price change | $1,500,000 -15% |
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/20/2024. 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.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 11/20/2024 at 11:12 PM UTC