$ 1,599,000
-
$1,599,000
Price -
4
Bed - Bath
-
3,452
SqFt
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About the Listing IN2421 - INSTORTYS
Prime 4-Unit income property near the beach featuring four spacious 1-bedroom, 1-bathroom units just steps from the sand in the thriving Long Beach market. Separate free standing 2-car garage in the back with sewer line that runs directly under allowing for a convenient conversion into a 2 bed 1 bath ADU(open parking available at end of driveway). GRM on market rents of 14.5X, 11.6X after ADU conversion. Three units recently remodeled. All units are 800 sqft+ and have their own laundry room A great option for a savvy investor looking to buy and hold in a prime location with the potential to greatly increase income with the addition of the ADU.
Listing Highlights for 1209 E 1st St
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
IN25193325
Year Built
1912
Total Square Footage
3,452
Lot/Acreage
0.12
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 4
- Zoning: LBR4R
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7265011023
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1209 E 1st St Long Beach, CA 90802
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