2123 W Columbia Street
Long Beach,
CA
90810
Property Details
List Price: |
$1,555,000 |
Beds: |
8 |
Baths: |
8 |
Status: |
Active |
SqFt: |
3338 |
Agency: |
Buckingham Investments, Inc. |
Description/Comments
Lot Size: |
9,278 sqft |
Property Type: |
MultiFamily |
Year Built: |
1946 |
Notes: |
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. <br />
<br />
This excellent value-add opportunity boasts over 70% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $259,000/ 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. |
MlsNumber: |
SB24066151 |
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Listing Provided By: |
Buckingham Investments, Inc., original listing |
Name: |
Buckingham Investments, Inc. |
Phone: |
(562) 208-4890 |
Office Name: |
Buckingham Investments, Inc |
Office Phone: |
(310) 982-7055 |
Agent Name: |
Christopher Crosby |
Disclaimer: |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |