1224 E 17th Street

Long Beach, CA 90813

  • 11 Bed(s)
  • 6 Bath(s)
  • 5,016 Sqft
  • 7790
    Sqft(Lot)
$1,990,000

Description

Great opportunity to own a great income producing 5-units investment property in the center of long beach, ca! tax record shows as 4 units but currently has 5 units. this 2 building property sits on a huge 7,790 sf lot and 5,016 sf living area. property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. all 6 garages are rented out by tenants. property is managed by property management company. it has low yearly operating expenses and high net income. rents are below market with 4 units eligible for rental increase june and september 2025, and another unit in may 2027. property is located in central area of long beach, close to eateries, markets and schools.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49367467

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1925
    • Building Area Total: 5,016

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1788
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7790

  • Listing Price Information

    • Original List Price: 1,990,000
    • Listing Contract Date: 2025-04-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7268031031

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Parking Fee

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Postal Code Plus 4: 6521
    • Directions: Fwy 405S, Exit Orange Ave, go south on Orange, LEFT on 17th Street. Property is on the RIGHT
    • Zoning: LBR2N
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 100
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: side gate
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/25/2025 @ 07:50

  • MLS: PW25074352
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 11 bedrooms which is for sale, it has 5,016 sqft, 7,790 sized lot, and 6 parking. are nearby neighborhoods.