2123 W Columbia Street, Long Beach, CA, 90810

  • $1,555,000
  • $1,555,000
2123 W Columbia Street , Long Beach, CA 90810
Active For Sale
2123 W Columbia Street , Long Beach, CA 90810
  • $1,555,000
  • $1,555,000

Description

PRIME INVESTMENT OPPORTUNITY! Situated on a tranquil cul-de-sac and within walking distance to Steven’s Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants.

This excellent value-add opportunity boasts over 70% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $259,167/ unit, this investment gem is a rare find in Long Beach. Don’t miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.

  • Address 2123 W Columbia Street
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90810
  • Area Westside/North of Willow (WNW)

Details

Updated on April 7, 2024 at 5:15 pm
  • Property ID: SB24066151
  • Price: $1,555,000
  • Land Area: 0.2130 Acres
  • Year Built: 1946
  • Property Type: Apartment
  • Property Status: Active

Additional details

  • PropertySubType: Apartment
  • Subdivision: Westside/North of Willow (WNW)
  • Fireplace Features: None
  • Pool Features: None
  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Zone: LBR1N
  • Days On Market: 4
  • Garage Spaces: 0.00
  • LotSize SquareFeet: 9278.00
  • Lot Features: Back Yard,Cul-De-Sac,Front Yard,Garden,Lawn,Park Nearby,Yard
  • Community Features: Biking,Park,Street Lights,Suburban
  • Sewer: Unknown
  • AssociationFee: 0.00

Features

Listed by

Buckingham Investments, Inc
Agent Name : Christopher Crosby
Agent State License : 02116879

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