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Property Description

Amazing investment opportunity! Best income to cost ratio in Long Beach, don’t pass this opportunity up or you’ll regret it. This four-unit building includes 2 BRAND NEW one bed, one bath ADUs, and 2 giant 4 bedroom 3 bath units. Approximately $120k gross income a year! The new units come complete with a/c in each room, shaker cabinets, tiled shower, luxury plank vinyl flooring and stainless-steel appliances. Each of the larger units boasts 1680 square feet, 4 bedrooms, 3 bathrooms, open kitchen, as well as its own comfortable outdoor space, laundry room, 2 tankless water heater & water filtration system. Each unit is separately metered–landlord only pays for water and gardening. This is a fantastic opportunity for an investor to own an income property in a quickly appreciating area! Walk through of units with accepted offer.* * PLEASE DO NOTDISTURB TENANTS. * *

Features
: Wall Furnace
0
: Dryer Included, Washer Included
0
Additional Information
Coldwell Banker Realty
0
CLW-X15776
CLW-B2000101
Marcus
7431019032
: Standard
Multi/Split,One
32

Multi-Family For Sale

1627 Summit Street, Long Beach, California 90810

4,160 Sqft
$1,575,000
Listing ID #24361363
Basic Details
Status : Active
DaysOnMarket : 59
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24361363
Price : $1,575,000
Living Area : 4,160 Sqft
Lot Size : 6,320 Sqft
Year Built : 2017
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90810
Price Per Square Foot : $397
ModificationTimestamp : 2024-04-21 19:36:32
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