152 W Market Street, Long Beach, CA 90805

About this property

152 W Market Street presents an opportunity for a purchaser to follow the lead of the long-term ownership in a value-add apartment complex located in North Long Beach. As a recently-leased vacancy has provided a major increase in income, a new investor should continue adding value, raise revenue, and improve operating efficiency. 4 Units Across 2 Structures - Built In 1959 & 1924 - One 2 Bedroom + 1 Bathroom Unit, Three 1 Bedroom + 1 Bathroom Units - 2,433 Gross Square Feet - Individually Metered for Electricity & Gas - Laundry Hookups In Each Unit - 5,427 SF Lot - LBR1N - 4 Surface Parking Spaces - 38% Rent Upside

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$935,000

Sold June 2023 · listed $950,000, orig. $1,000,000, on market October 2022 · MLS #22207555 · Source: CRMLS

Listing Agent: David Harrington · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: Richard Arellano · T.N.G. Real Estate Consultants

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