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1830 Willow Street
Long Beach, CA 90810
Sold
1830 W Willow Street is a 3,250 SF 6-Unit property on a 3,618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.
PROPERTY INFORMATION
| MLS # | SB24086970 | Lot Size | 3,618 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,195,000
Price Per SqFt: $ 368 |
DOM | 373 Days |
| Address | 1830 Willow Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 3,250 Sq. Ft. |
| Postal Code | 90810 | Garage | N/A |
| County | Los Angeles | Year Built | 1962 |
| Bed / Bath | 6 / 0 | Parking | N/A |
| Built In | 1962 | Status | Closed |
| Sold Date | 2024-06-05 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 79 (Very Walkable)
Transit Score: 42 (Some Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,275
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/05/2024 | Sold | $1,000,000 |
| 05/13/2024 | Active Under Contract | $1,195,000 |
| 05/01/2024 | Listed | $1,195,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Brett Lyon, 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.
