1001 20th Street
Long Beach, CA, 90806
$1,500,000
Beds
0 Baths
SqFt
0.1 Acres
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Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long!

Property Details

Price:
$1,500,000
MLS #:
SB24211287
Status:
Active
Baths:
0
Address:
1001 20th Street
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Eastside ES
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Oct 4, 2024
State:
CA
ZIP:
90806
Lot Size:
4,236 sqft / 0.10 acres (approx)
Year Built:
1924
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Lot Features
Rectangular Lot
Parking Spots
6.00
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Stories Total
2
Water Source
Public

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1001 20th Street
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