Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

Property Description

We are pleased to present 1000 E 10th St in Long Beach. This 7 unit apartment building consists of (7) 2 bedroom, 1 bathroom units which have been updated and converted into higher density dwelling units. Privacy walls and doors have been added to accommodate an additional bedroom in each unit. A total of 21 bedrooms are possible to rent out, and currently 11 of those bedrooms are actively rented. There is a possibility of delivering 4 out of the 7 units vacant. This property has a total of 5,340 sqft of livable space, situated on a 5,227 sqft lot. The owners have formed authentic relationships with local government, law enforcement, and various low-income programs such as the General Relief Housing Subsidy and Case Management Programs in order to maintain a reliable resource for tenants. The property is located in close proximity to the Metro Blue Line train station and various bus routes providing excellent public transportation. This property is also located in an Opportunity Zone allowing for potential developments and substantial tax benefits for new buyers. Development in this area would coincide with the Long Beach Downtown Plan as well as the Opportunity Zone social impact principles. Buyer to verify.

Features
2
1
0
: Urban
Additional Information
Lyon Stahl Investment Real Estate, Inc.
0
sbstiejoh
sb1310620
John
: Standard
35

Multi-Family For Sale

1000 10th Street, Long Beach, California 90813

5,340 Sqft
$1,599,000
Listing ID #SB24010441
Basic Details
Status : Active
DaysOnMarket : 62
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB24010441
Price : $1,599,000
Living Area : 5,340 Sqft
Lot Size : 5,227 Sqft
Year Built : 1927
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90813
Price Per Square Foot : $299
ModificationTimestamp : 2024-03-20 10:37:13
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent