1224 East 17th Street 1224 East 17th Street Long Beach, California 90813 United States
$1,990,000
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Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area....
- 728 m²
- Exterior
- Residential Income
- Property type
- 1925
- Year Built
- PW25074352
- Web Id
- PW25074352
- MLS ID
- 11
- days ago
About 1224 East 17th Street
Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.
Listing Courtesy of RE/MAX College Park Realty, Email/Phone : 562-489-6670
Listing Courtesy of RE/MAX College Park Realty, Email/Phone : 562-489-6670
features
- Parking
- Garage
- Community
- Sidewalks
PROPERTY INFORMATION
- Community Info
- StreetLights, Sidewalks
- Garage Info
- 6
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- ZeroToOneUnitAcre
ADDITIONAL INFORMATION
- Number of Units
- 5
Listing Courtesy of RE/MAX College Park Realty, Email/Phone : 562-489-6670
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