Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach’s strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.
Property Details
Price:
$1,995,000
MLS #:
24455767
Status:
Active Under Contract
Baths:
0
Address:
266 E 25th Street
Type:
Residential Income
Neighborhood:
5wrigleyarea
City:
Long Beach
Listed Date:
Oct 23, 2024
State:
CA
ZIP:
90806
Lot Size:
6,632 sqft / 0.15 acres (approx)
Year Built:
1959
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Schools
Interior
Appliances
Disposal
Cooling
None
Heating
Electric, Radiant
Exterior
Parking Features
Private, Covered
Parking Spots
6.00
Pool Features
None
Security Features
Gated Community
Spa Features
None
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address266 E 25th Street Long Beach CA
- Area5 – Wrigley Area
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
266 E 25th Street
Long Beach, CA
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