1224 E 17th Street

Long Beach, CA 90813
$1,700,000
Rare Long Beach multifamily investment opportunity featuring five well-designed units on a spacious lot in a highly desirable rental market. This income-producing property includes four 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit above six garages in the back, offering an attractive unit mix with strong upside potential. IdeallyRead MoreRead Less
Property listed by ReMax Tiffany Real Estate, Sophea Pel 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.18 Acres
Year Built
1925
MLS Number
PW26135310
Property Location Map
Additional Details
Building
Built in 1925, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Curbs, StreetLights, Suburban, Sidewalks
Expenses
Insurance: $3,600, Operating: $22,395
Fireplaces
None
Garage
6 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $7,500, Gross ScheduledIncome: $144,216, Net Operating Income: $126,112
Interior Features
AllBedroomsUp, AllBedroomsDown
Laundry
CommonArea, InGarage
Lot
0.1788 acres
Parking
6 total parking spaces, Garage
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7268031031, Lot: 48, Zoning: LBR2N
Tenant Pays
Electricity, Gas, ParkingFee
Utilities
ElectricityConnected, WaterConnected, Water Source: Public, 5 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Michael Harby
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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.