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Apartment For Sale
2123 W Columbia Street
Long Beach, California 90810
Los Angeles CountyCommunity: Westside/North of Willow (WNW)
$1,485,000
8 br, 8.0 bath
3338 sq. ft.
0.213 acres
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 in 4 of 6 units. 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 $247,000/ 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.
Interior:
- Bedrooms: 8
- Baths: 8.0
- Sq Ft: 3338
- Year Built: 1946
- Utilities:
- Fireplaces:
- Stories: 1.0
- Heat/AC: Central Furnace
- Garage:
Exterior:
- Lot Size: 0.213 acre
- Lot Dimensions:
- View Types: Park
- Yard:
- Siding:
- Roof: Unknown
- MLS #: SB24066151
Contact Information:
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Ad Number: 4786721
Viewed 24 times.
Updated: May 06, 2024
This property is a Apartment located at 2123 W Columbia Street, Long Beach, California 90810, and is currently For Sale at $1,485,000. This Apartment has 8 bedrooms, 8.0 baths, 3338 sq ft.
Listing Agent: Christopher Crosby, Buckingham Investments, Inc., 650-549-4849, 310-982-7055
Listing Site, Listing Status: Active
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