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$1,995,000

Est. payment - /mo

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6,182 SqFt

New

266 E 25th ST Long Beach, CA 90806

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/23/2024 11:51 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,182 sqft

Price per Sqft $322

MLS Listing ID 24455763

HOA Y/N No

Year Built 1959

Lot Size 6,629 Sqft

Acres 0.1522

Property 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.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBR2N

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Electric, Radiant

Fireplace No

Laundry Common Area

Exterior

Community Features Gated

Total Parking Spaces 6

Building

Story 2

Others

Tax ID 7208011010

Security Features Gated Community

Special Listing Condition Standard

Listed by Jacqueline Knoll • Coldwell Banker Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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