Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system… Read More upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages.
A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential.
Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio. Read Less
Property listed by Morgan Skenderian, Rick Applebaum 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.18 Acres
Year Built
1950
MLS Number
PW26102358
Additional Details
Building
Built in 1950, 2 buildings, 1 storey, Entry level: 1, Entry location: Street
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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