1015 20th ST Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90806
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID SB24211058
HOA Y/N No
Year Built 1985
Lot Size 6,756 Sqft
Property Description
Unlock the potential of this 4-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious 2 and 3-bedroom units, this well-maintained building can be sold separately or together, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Fireplace No
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Garage On Site
Pool None
Community Features Sidewalks,Urban
Parking Type On Site
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7210021013
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard
Lease Land No