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$1,699,000
12 bed
6 bath
0 Sqft
6,486 Sqft lot

2632 E 15th Street, Long Beach, California 90804

  • Residential Income Property Type
  • 28 Days Time on market
  • 1958 Year Built
Property Description

Investment Opportunity in Prime Long Beach Location. We are excited to present an exceptional investment opportunity in the highly sought-after Long Beach area. This well-maintained property comprises six spacious, unfurnished units, each offering 2 bedrooms and 1 bathroom with approximately 770 square feet of living space and well over $120K in renovations and upgrades. The total building area is 4,620 square feet, situated on a lot of 6,486 square feet. Key Features: Fully Occupied Units: All six units are currently occupied, ensuring immediate and steady rental income.Desirable Layout: Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Enclosed Yard: Tenants enjoy the added benefit of an enclosed yard, enhancing the property’s appeal. Prime Location: The property is ideally located near amenities, schools, and transportation. Rent Controlled: The property operates under rent control, offering stability and predictability in rental income. This investment offers a combination of reliable income and the potential for long-term appreciation in a coveted area. Great long term tenants, low maintenance. Don’t miss out on this outstanding opportunity to bolster your investment portfolio with this bread and butter 6-unit residential income property.

Basic Details
Residential Income
Buy
SR24105735
$1,699,000
12
6
0 Sqft
1958
6,486 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Block
: Neighborhood
: Traditional
: Sidewalks, Street Lights
12
$0
: Public Sewer
Address
CA
Los Angeles
Long Beach
90804
2632 E 15th Street
2632
Street
0
W119° 50' 23''
N33° 47' 9.5''
E
Additional Information
28
1
2
2
: Two
1
: See Remarks
0
4,620 Sqft
1
0 Sqft
0 Sqft
0.15 Sqft
6,486 Sqft
1
: 2+ Common Walls
0 Sqft
LBR2N
7260017021
$0
$0
$0
$1,200
1
$0
$1,200
0 Sqft
1
0 Sqft
$0
1
28/05/2024
28/05/2024 09:43:35
$1,799,000
: Standard
CashtoNewLoan
Take I-405 S/San Diego Fwy to E Spring St in Long Beach. Take exit 29A from I-405 S/San Diego Fwy 46 min (45.5 mi)Take Cherry Ave to E 15th St
The Agency
Monica Yekani
SR0123500
SR207068351
$0
0
14
: Standard, Electricityonproperty
1
: Yard, Item01unitacre
1
: Cable Available, Electricity Connected, Water Connected, Natural Gas Available, Sewer Connected
1
: Square Feet
yes
1
6
6
0
6
Carbon Monoxide Detector(s),Smoke Detector(s)
1
77
0
US-06037-N-7260017021-R-N
MixedUse
29/05/2024 04:28:41
15th
699 - Not Defined
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