1015 20Th Street
Long Beach, CA 90806
Active for $1,500,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,755 sqft
MLS | SB24211058 |
Year Built | 1985 |
Property Type | Apartment |
County | Los Angeles |
Status | Active |
Active | $1,500,000 |
Structure Size | N/A sqft |
Lot Size | 6,755 sqft |
Beds | N/A |
Baths | N/A |
Description
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!
Listing information courtesy of: John Stiegler II, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 10/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.