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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 2,600,000
Est. payment /mo
New
1520 West 20th Street Long Beach, CA 90810
8,208 SqFt
UPDATED:
10/07/2024 03:58 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,208 sqft
Price per Sqft $316
MLS Listing ID OC-24066154
Year Built 1976
Lot Size 0.300 Acres
Property Description
1520 & 1526 West 20th Street is an 8-unit multifamily investment property located in Long Beach, CA. Situated on two contiguous parcels, 1520 & 1526 West 20th Street features exclusively spacious three-bedroom floorplans and offers property amenities including gated pedestrian access, security doors, and carport parking. Additionally, each unit features in-unit laundry hookups (tenants supply the machines). The tenants are responsible to pay for electricity and trash. The landlord is responsible to pay for water and sewer. Furthermore, current ownership has invested significant capital into the property, with 2 fully renovated units, 5 partially renovated units, and new roofs for the carports. Situated in Westside Long Beach, 1520 & 1526 West 20th Street benefits from its close proximity to parks, schools, and major transportation routes. The property offers walkable access to highly desirable area amenities for families including Cabrillo High School and Admiral Kidd Park. Additionally, 1520 & 1526 West 20th Street's close proximity to Interstate 710 provides convenient access to the Ports of Long Beach and Los Angeles, two major employment hubs for the region. Furthermore, the property is located just over 2 miles from the plethora of retail, dining, and entertainment options in Downtown Long Beach.
Location
State CA
County Los Angeles
Zoning LBR2N
Interior
Laundry Inside
Exterior
Garage Gated
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Level with Street
Sewer Public Sewer