266 E 25th Street
Long Beach, CA, 90806
$1,995,000
Beds
0 Baths
SqFt
0.15 Acres
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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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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

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266 E 25th Street
Long Beach, CA