About this property

Unlock the potential of this 10-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious 1, 2, and 3-bedroom units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long! We will sell separately.

Download OM
Features
YEAR BUILT
1924
PRICE/SQFT
311.17
CURRENT CAP
5.73
CURRENT GRM
11.78
MARKET CAP
7.19
MARKET GRM
9.80
BEDROOMS
BATHROOMS
Lot SqFt
10991
Back to Properties

Image gallery

No items found.
Interested in this property?

Request more information here:
Listing Code:
Thank you! Your submission has been received!
Download Offering Memorandum
Oops! Something went wrong while submitting the form.