Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, 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!
MLS #
CRSB24211287
MLS Source
California Regional MLS
Days on Site
39
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
John Stiegler II
Lyon Stahl Investment Real Estate, Inc.
License #: 01981597
Phone: –
Co-Listing Agent
Stephen Takahashi
License #: 01944770
Phone: (310) 491-7916
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
1001 20th St is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,760,000 and was built in 1924.
This address can also be written as 1001 20th St, Long Beach, CA 90806.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 15, 2024. For the most current information, please contact John Stiegler II