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$4,600,000
2652 2706 E 15th ST Long Beach, CA 90804
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$4,600,000
Est. payment /mo
0.5 Acres Lot
Active
2652 2706 E 15th ST Long Beach, CA 90804
UPDATED:
09/30/2024 06:29 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW23229203
HOA Y/N No
Year Built 1929
Lot Size 0.499 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 15
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7260017019
Energy Description 5920.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Robert Stepp • Keller Williams - Santa Monica • 310-463-2916