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1001 - 1015 E 20th Street

2 Multifamily Properties Offered at £2,246,700 in Long Beach, CA

INVESTMENT HIGHLIGHTS

  • High cash flow
  • Low price per square foot
  • Great unit mix
  • ADU potential

EXECUTIVE SUMMARY

Side by side 6 and 4 unit buildings for sale together or separately. High cash flow with desirable unit mix consisting of majority 2 bedroom units. Low price per square foot with ADU potential. Large laundry room on site. Located in the heart of Long Beach close to schools, parks, traffic circle, and downtown. Recently painted with new gas lines in 1001 e 20th (6 unit)
(7) 2 bedroom units
(1) 3 bedroom large front house unit
(2) 1 bedroom units

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Net Operating Income -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Net Operating Income
Annual -

PROPERTY FACTS

Price £2,246,700
Price / SF £252.13 / SF
Net Initial Yield 6.62%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 8,911 SF
Total Land Area 0.10 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1015 E 20th St, Long Beach, CA 90806 Multifamily 4,236 SF 1985 -
1001 E 20th St, Long Beach, CA 90806 Multifamily 4,675 SF 1924 -
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  • Listing ID: 34616151

  • Date on Market: 27/01/2025

  • Last Updated:

  • Address: 1001 - 1015 E 20th Street, Long Beach, CA

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