1651 E South Long Beach, CA 90805
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW26128325
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1954
Lot Size 5,379 Sqft
Property Sub-Type Apartment
Property Description
With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants.
Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Common Area
Exterior
Exterior Feature TV Antenna
Parking Features Paved
Fence Wood
Pool None
Community Features Curbs, Park
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition,Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park, Paved, Rectangular Lot, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 7123017001
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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