Active

1015 20th Street

Long Beach CA, 90806

$1,500,000


$302.05 per sqft

Active

4,966 sqft

Condos

Built in 1985

Listed by John Stiegler II with Lyon Stahl Investment Real Estate, Inc. 310-447-2213

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!

SB24211058

MLS ID

October 14, 2024

Listed

November 22, 2024

Updated

Map

1015 20th Street
Long Beach CA, 90806

Interior Features

Total Stories

2


Laundry Description

Washer Hookup, Electric Dryer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

3 - Eastside, Circle Area


Days on Market

37


Garage

No


Parking

On Site


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 310-425-9838 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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 11/22/2024 at 11:12 PM UTC

 

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