tomo logo

$1,760,000

Beds
Unknown
sq ft
4,675

1001 E 20th St, Long Beach, CA 90806

1001 E 20th St

Long Beach, CA 90806

  • 38 days on market
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!

Details

Property type

Apartment

Lot size

4,236 sq ft

Price per sq ft

$377

Year built

1924

Price History

10/14/2024
CRMLS

CRMLS #SB24211287

Listed
$1,760,000
+53.04%
06/19/2015
CRMLS

CRMLS #PW15038030

Sold
$1,150,000

Schools & Community

Neighborhood: 

Poly High District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 11/21/2024 at 2:35 PM

Listing updated: 10/15/2024 at 8:30 AM

Listed by: John Stiegler II, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CRMLS #SB24211287

CRMLS logo

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