Property Detail

1001 20th

Long Beach CA 90806

$1,500,000

Status: Active

Property Details

Description

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!

Map Location

Listing provided courtesy of John Stiegler II of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-11-28 09:11:52.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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