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1001 20th Street
Long Beach, CA 90806
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 INFORMATION
| MLS # | SB24211287 | Lot Size | 4,236 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,760,000
Price Per SqFt: $ 376 |
DOM | 206 Days |
| Address | 1001 20th Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 4,675 Sq. Ft. |
| Postal Code | 90806 | Garage | N/A |
| County | Los Angeles | Year Built | 1924 |
| Bed / Bath | 10 / 0 | Parking | 6 |
| Built In | 1924 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas & Electric Dryer Hookup |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,877
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/14/2024 | Listed | $1,760,000 |
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Listing provided courtesy of John Stiegler II, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
