Homes for sale - 1015 20th ST, Long Beach, CA 90806

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Max Lindenberger

max.lindenberger@engelvoelkers.com

$ 1,500,000

Est. payment -/mo

Save

Active

1015 20th ST Long Beach, CA 90806

6,756 Sqft Lot

UPDATED:

11/20/2024 10:31 PM

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

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

Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc. • 310-447-2213

Max Lindenberger

Advisor | License ID: 02073155

GET MORE INFORMATION