822 E 20th St Long Beach, CA 90806

$1,590,000
Long Beach, CA   90806
0 Beds, 0.0 Baths, 0 sq ft, 6,504 sq ft lot, Built in 1926
822 E 20th St, Long Beach, CA 90806 Photo 0
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822 E 20th St, Long Beach, CA 90806 Photo 18
0 Beds,
0.0 Baths,
0 sq ft,
6,504 sq ft lot
Built in 1926

Description

MLS# RS18088104

Eight unit Spanish style complex in the City of Long Beach. Unit mix is comprised of (3) 2 Bed / 1 Bath, (4) 1 Bed / 1 Bath & (1) Studio units. Current ownership has made significant interior & exterior improvements over the past two years including upgraded faux wood flooring, granite counters, new cabinets, stainless steel appliances & modernized bathrooms. Exterior improvements include new paint, new roof, concrete patios have been sealed, new vinyl wood plank fencing throughout the property for added privacy & replaced metal hand-railing/remote access gate. This is a stabilized cash flowing assets with realistic upside in rents by remodeling the remaining 4 units as they turn. Market cap rate well over 6.0%. Listed by Andrew Mc Allister, Nationwide Real Estate Execs.

Description

MLS# RS18088104

Eight unit Spanish style complex in the City of Long Beach. Unit mix is comprised of (3) 2 Bed / 1 Bath, (4) 1 Bed / 1 Bath & (1) Studio units. Current ownership has made significant interior & exterior improvements over the past two years including upgraded faux wood flooring, granite counters, new cabinets, stainless steel appliances & modernized bathrooms. Exterior improvements include new paint, new roof, concrete patios have been sealed, new vinyl wood plank fencing throughout the property for added privacy & replaced metal hand-railing/remote access gate. This is a stabilized cash flowing assets with realistic upside in rents by remodeling the remaining 4 units as they turn. Market cap rate well over 6.0%. Listed by Andrew Mc Allister, Nationwide Real Estate Execs.

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  • Ernie gonzales
    Ernie Gonzales

    NMLS# 1086147

    Direct: (213) 842-5318
    Email: ernie.gonzales@mwfinc.com

Area
AREA: 9 - Poly High
B TRACT: Poly High (PH)
COUNTY: LA
Building Info
STORIES: 2
COMMON WALLS: No Common Walls
POOL: None
LAUNDRY: None
Exterior Features
LOT: Lot 6500-9999, Paved, Yard
Garage & Parking
PARKING SPACES: 2.00
GARAGE SPACES: 0.00
UNCOVERED SPACES: 2.00
Community
COMMUNITY: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting, Urban
UNITS TOTAL: 8
STORIES TOTAL: 2
Land
WATER: Public
ASSESSMENTS: Special Assessments
LOT NUMBER: 2
TRACT NUMBER: 5732
ZONE: LBR1N
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