1830 W Willow Street Long Beach, CA 90810
1830 W Willow Street is a 3, 250 SF 6-Unit property on a 3, 618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site18 Days
- MLS StatusActive Under Contract
- MLS ID NumberSB24086970
- Home Size Source N/A
- Year Built1962
- Lot Size0.0831 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.0831
- Water Public
- Garage Spaces 0
- Zoning LBCCR
- Listing Conditions Standard
Interior Features
- Laundry Features None
Exterior Features
- Pool Features None
- Lot 6-10 Units/ Acre
Community Features
- Community Features Biking
- Senior Community No
- MLS Area 11 - Westside