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Listed by Cody Charnell, DRE #01950585 • Sage Real Estate Group, Inc.
$ 1,650,000
Est. payment /mo
New
426 E 17th Long Beach, CA 90813
7,427 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26207416
Year Built 1923
Lot Size 7,427 Sqft
Source California Regional MLS
Property Description
426 E 17th Street is a 10-unit apartment building in Long Beach's Poly High neighborhood, aggressively priced at $1,650,000-just $165,000 per unit, 8.99 times gross income, and a 7.15% cap rate based on current income. The property features (5) 1bed/1bath units and (5) studios, including two newly constructed ADUs, along with new main electrical panels. The property offers easy access to Downtown Long Beach, local schools, the Metro line, and newer shopping centers.
Location
State CA
County Los Angeles
Area 9 - Poly High
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Pool 31, None
Roof Type Flat / Low Pitch,2
Building
Foundation Raised, Concrete Slab
Water District - Public
Others
Tax ID 7269022021
Special Listing Condition Not Applicable
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