2123 W Columbia Street Long Beach, CA 90810
UPDATED RENT ROLL AND PRICE REDUCTION! Prime investment opportunity! Situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts over 50% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $247,500/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site52 Days
- MLS StatusActive
- MLS ID NumberSB24066151
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.213 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Terms CashConventional
- Stories 1 Story
Interior Features
- Cooling Wall/Window
Exterior Features
- Pool N/K
Community Features
- Spa N/K