$1,555,000
2123 Columbia Street, Long Beach 90810
8
Beds
8
Baths
9,278
Lot Size
6
# Of Units
Listing Agent
Christopher Crosby - Buckingham Investments, IncPRIME INVESTMENT OPPORTUNITY! Situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts over 70% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $259,167/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
Facts & Features
| MLS® # | SB24066151 |
|---|---|
| Price | $1,555,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Lot Size | 9,278 |
| Year Built | 1946 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 2123 Columbia Street |
|---|---|
| Area | 11 - Westside |
| Subdivision | Westside/North of Willow (WNW) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90810 |
Amenities
| Parking Spaces | 9 |
|---|---|
| View | Park/Greenbelt, Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | All Bedrooms Down |
|---|---|
| Appliances | Dryer, Washer |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Near Park, Yard |
|---|
Additional Information
| Date Listed | March 23rd, 2024 |
|---|---|
| Days on Market | 29 |
| Zoning | LBR1N |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Christopher Crosby |
|---|---|
| Office | Buckingham Investments, Inc |