2652 E 15th Street
Long Beach, CA, 90804
$4,600,000
Beds
0 Baths
SqFt
0.5 Acres
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2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.

Property Details

Price:
$4,600,000
MLS #:
PW23229203
Status:
Active
Baths:
0
Address:
2652 E 15th Street
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Eastside ES
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Dec 21, 2023
State:
CA
ZIP:
90804
Lot Size:
21,717 sqft / 0.50 acres (approx)
Year Built:
1929
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Sidewalks
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre
Parking Spots
15.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

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2652 E 15th Street
Long Beach, CA