Under contract

Active Under Contract

266 E 25th Street

Long Beach CA, 90806

$1,995,000


$322.71 per sqft

Under contract

Active Under Contract

6,182 sqft

Commercial

Built in 1959

Listed by Jacqueline Knoll with Coldwell Banker Realty 323-251-1720

Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.

24455763

MLS ID

October 23, 2024

Listed

December 5, 2024

Updated

Map

266 E 25th Street
Long Beach CA, 90806

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric, Radiant

Exterior/Building Features

Lot Size

0.15 Acres

Other Property Details

Area Name

5 - Wrigley Area


Days on Market

42


Garage

No


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

LBR2N

Listing History

Date

Event

Price

11/18/2024

Under contract

Listing Contact: 310-777-6200 

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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 9:23 AM UTC

 

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