CA > Long Beach
Long Beach, CA 90813,1224 E 17th Street
Long Beach, CA 90813,1224 E 17th Street
2
See all 2 photos
$1,990,000
Est. payment /mo
Save
9 Beds
5 Baths
7,790 Sqft Lot
New

1224 E 17th Street Long Beach, CA 90813

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
16
Apr
Thu
17
Apr
Fri
18
Apr
Ben Ruiz

Ben Ruiz

+1(619) 733-4635

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25074352

Bedrooms 9

HOA Y/N No

Lot Size 7,790 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.
Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.

Location

State CA

County Los Angeles

Area Long Beach (90813)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $87

Acceptable Financing Cash, Conventional, Land Contract, VA

Space Rent $2,860

Listing Terms Cash, Conventional, Land Contract, VA

San Diego Regional MLS (SDMLS)
Listed by Sophea Pel • RE/MAX College Park Realty

GET MORE INFORMATION

agent

Ben Ruiz

Broker Associate | License ID: 00948586

+1(619) 733-4635

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Ben Ruiz, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1224 E 17th Street

QUICK SEARCH

There are 24 quick searches