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$ 1,995,000
Est. payment /mo
Active Under Contract
266 E 25th ST Long Beach, CA 90806
10 Beds
9 Baths
6,182 SqFt
UPDATED:
11/18/2024 08:48 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,182 sqft
Price per Sqft $322
MLS Listing ID 24455767
Bedrooms 10
HOA Y/N No
Year Built 1959
Lot Size 6,629 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBR2N
Interior
Heating Electric, Radiant
Cooling None
Fireplace No
Appliance Disposal
Laundry Common Area
Exterior
Garage Covered, Private
Pool None
Community Features Gated
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Architectural Style Contemporary
Level or Stories Two
New Construction No
Schools
School District Long Beach Unified
Others
Senior Community No
Tax ID 7208011010
Security Features Gated Community
Special Listing Condition Standard
Listed by Jacqueline Knoll • Coldwell Banker Realty