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Property Description

This charming 3-unit property in the desirable South Wrigley neighborhood features one 2-bedroom unit and two 1-bedroom units. Ideally situated less than one mile from the 710 Freeway, under two miles from the 405, and just two miles north of the beach, the building sits on a picturesque, tree-lined residential street. Priced at a 15.33 GRM, the property offers approximately 10% income growth potential to reach a market GRM of 13.6. The 2-bedroom unit has no shared walls, includes a 1-car garage with laundry, and features a spacious private back patio. Each 1-bedroom unit shares only one wall and comes with a dedicated laundry/storage room with a separate entrance and tandem parking for 2 cars. Individual electric and gas meters for each unit reduce owner expenses. Located in an opportunity zone, this property presents both immediate value and future growth potential. All units have double paned windows, new heaters, and have been earthquake retrofitted. The plumbing in the 1 Bed units was replaced in 2019.

Features
: No
: Wall Furnace
: No
: No
1
1
: Individual Room, In Garage
0
: Urban
: Bungalow
Additional Information
Buckingham Investments, Inc
0
sbwalkant
SB1301700
Anthony
7209022001
: Standard
1
One
49

Multi-Family For Sale

290 19th Street, Long Beach, California 90806

2,000 Sqft
$875,000
Listing ID #SB25137881
Basic Details
Status : Active
DaysOnMarket : 5
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB25137881
Price : $875,000
Living Area : 2,000 Sqft
Lot Size : 4,986 Sqft
Year Built : 1930
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90806
Price Per Square Foot : $438
Subdivision : Wrigley Area (WR)
ModificationTimestamp : 2025-06-25 10:29:20
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