2123 W Columbia Street, Long Beach, CA 90810

  • $1,485,000
  • $445
2123 W Columbia Street, Long Beach, CA 90810
For Sale
2123 W Columbia Street, Long Beach, CA 90810
  • $1,485,000
  • $445

Overview

Property ID: SGR-28335319
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1946
  • Year Built

Description

UPDATED RENT ROLL AND PRICE REDUCTION! Prime investment opportunity! Situated on a tranquil cul-de-sac and within walking distance to Steven’s Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants.

This excellent value-add opportunity boasts over 50% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $247,500/ unit, this investment gem is a rare find in Long Beach. Don’t miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.

  • Address 2123 W Columbia Street
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90810
  • Area 11 - Westside
  • Country United States

Details

Updated on May 7, 2024 at 12:11 am
  • Property ID: SGR-28335319
  • Price: $1,485,000
  • Land Area: 9278.00 m²
  • Garage: 0.00
  • Year Built: 1946
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3338.00
  • MLS#: SB24066151
  • Office Name: BUCKINGHAM INVESTMENTS, INC
  • Agent Name: Christopher Crosby
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 02116879
  • IDX Contact Info: 650-549-4849

Additional details

  • View: Neighborhood,Park/Greenbelt
  • Sewer: Unknown
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 9.00
  • Water Source: Public

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