$1,500,000
For Sale

1001 20th Street

Long Beach, CA 90806
0.10 acres | #SB24211287
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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
      • Lot DescriptionRectangularLot
      • SubdivisionEastside (ES)
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,760,000
      • MLS #SB24211287
      • MLS #SB24211287
      • Property SubtypeApartment
      • Cost1500000
      • Acres0.0972
      • Utility SourcePublic
      • Year Built1924
      • Stories2

Location

Manon SchillerReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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