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$ 1,650,000
Est. payment | /mo
2 Beds
4 Baths
7,427 Sqft Lot
$ 1,650,000
Est. payment | /mo
2 Beds
4 Baths
7,427 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID PW26207416
Bedrooms 2
Lot Size 7,427 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
426 E 17th Street is a 10-unit apartment building in Long Beachs Poly High neighborhood, aggressively priced at $1,650,000just $165,000 per unit, 8.99 times gross income, and a 7.15% cap rate based on current income. The property features (5) 1bed/1bath units and (5) studios, including two newly constructed ADUs, along with new main electrical panels. The property offers easy access to Downtown Long Beach, local schools, the Metro line, and newer shopping centers.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of PCH between Atlantic and Long Beach Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7269022021
Acceptable Financing Cash
Listing Terms Cash
Listed by Cody Charnell, DRE#01950585 Sage Real Estate Group, Inc.
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