$1,995,000
Accepting Backup Offers

266 E 25th Street

Long Beach, CA 90806
6182 sqft | 10 beds | 0.15 acres | #24455767
Listing OfficeColdwell Banker Realty
Browse 10 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.

  • Property Details
      • School DistrictLong Beach Unified
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,995,000
      • MLS #24455767
      • MLS #24455767
      • Cost1995000
      • Acres0.1522
      • Square Feet6182
      • Year Built1959
      • Bedrooms10
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00