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$1,540,000

Beds
Unknown
sq ft
5,022

2408 E 17th St, Long Beach, CA 90804

2408 E 17th St

Long Beach, CA 90804

  • 117 days on market
Welcome to this exceptional investment opportunity featuring four spacious townhome-style units, each boasting 3 bedrooms and 1.5 bathrooms. Ideal for savvy investors, these well-maintained units offer a lucrative rental income potential and a prime location. The property features a large parking lot, providing ample space for up to 10 vehicles. With rents currently below market value, there is significant potential to increase rental income and maximize returns on this investment. Please respect the privacy of the tenants and refrain from disturbing them. Don't miss out on this fantastic opportunity to add a high-performing property to your portfolio. Schedule your viewing today.

Details

Property type

Mixed Use

Est. home value

$743,210

Lot size

6,401 sq ft

Price per sq ft

$307

Year built

1972

Price History

03/06/2024
CRMLS

CRMLS #PW24045693

Listed
$1,540,000
01/21/2024
CRMLS

CRMLS #PW23156111

Removed
$1,540,000
09/11/2023
CRMLS

CRMLS #PW23156111

Listed
$1,540,000

Schools & Community

Neighborhood: 

Zaferia

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Washington Mutual Bank Fa

Loan start date

July 2002

Original loan amount

$186,000

Est. remaining balance

$0

Interest rate

6.17%

Loan type

Not Provided, 15 year

Seller

Kheng Lay and Nay Ky Ly

Lender

Washington Mutual Bank Fa

Loan start date

June 2001

Original loan amount

$189,000

Est. remaining balance

$0

Interest rate

6.66%

Loan type

Not Provided, 15 year

Seller

Kheng Lay and Nay Ky Ly

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:40 AM

Listing updated: 04/09/2024 at 2:10 PM

Listed by: Luen Song, Coldwell Banker Realty Phone #: (562) 494-4600

MLS: CRMLS #PW24045693

CRMLS logo

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