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Listed by Xinyao Ren • Real Broker
$ 1,499,000
Est. payment /mo
Price Dropped by $100K
2122 East 10th Street Long Beach, CA 90804
3,658 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,658 sqft
Price per Sqft $409
MLS Listing ID OC-25029958
Year Built 1963
Lot Size 3,250 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional Investment Opportunity in Prime Long Beach Location! Low-maintenance property, ideal for both new and seasoned investors for adding to their real estate portfolio. This fourplex features 1 bedroom & 1 bath unit, 4 bedroom & 2 bath unit with garage, 3 bedroom & 2 baths unit with garage, and 3 bedroom & 1 bath unit, a well mixture of unit sizes to maximize the income possibility, and generating an impressive annual gross income of $132,000, boasting one of the most profitable fourplexes on the market. This property has undergone a remodel in 2021 with attention to detail to offer an added value to the property. Conveniently located close to stores, restaurants, public transportation, and easy access to the Pacific Coast Hwy and freeways, this is a property that delivers a perfect opportunity for immediate cash flow!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR1N
Interior
Flooring Laminate
Fireplaces Type Outside
Laundry None
Exterior
Parking Features None
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Available, Natural Gas Available
Building
Lot Description 0-1 Unit/Acre
Sewer Other