2632 E 15th Street, Long Beach, CA 90804
Property · 2 recorded sales since 2021
Sold September 2024
Listing Agent: Monica Yekani (DRE #01994120) · Listing Office: The Beverly Hills Estates · Contact: 818-431-0467 · Bought with: Maly (Molly) Ly · Hyun Joo Hong, Broker · MLS #SR24139942 · Source: CRMLS
About this property
Investment Opportunity in Prime Long Beach Location. We are excited to present an exceptional investment opportunity in the highly sought-after Long Beach area. This well-maintained property comprises six spacious, unfurnished units, each offering 2 bedrooms and 1 bathroom with approximately 770 square feet of living space and well over $120K in renovations and upgrades. The total building area is 4,620 square feet, situated on a lot of 6,486 square feet. Key Features: Fully Occupied Units: All six units are currently occupied, ensuring immediate and steady rental income.Desirable Layout: Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Enclosed Yard: Tenants enjoy the added benefit of an enclosed yard, enhancing the property's appeal. Prime Location: The property is ideally located near amenities, schools, and transportation. Rent Controlled: The property operates under rent control, offering stability and predictability in rental income. This investment offers a combination of reliable income and the potential for long-term appreciation in a coveted area. Great long term tenants, low maintenance. Don't miss out on this outstanding opportunity to bolster your investment portfolio with this bread and butter 6-unit residential income property.
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history
