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$ 1,650,000
Est. payment /mo
New
426 E 17th Long Beach, CA 90813
7,426 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID PW26207416
HOA Y/N No
Year Built 1923
Lot Size 7,426 Sqft
Property Sub-Type Apartment
Property Description
426 E 17th Street is a 10-unit apartment building in Long Beach's Poly High neighborhood, aggressively priced at $1,650,000—just $165,000 per unit, 8.99 times gross income, and a 7.15% cap rate based on current income. The property features (5) 1bed/1bath units and (5) studios, including two newly constructed ADUs, along with new main electrical panels. The property offers easy access to Downtown Long Beach, local schools, the Metro line, and newer shopping centers.
Location
State CA
County Los Angeles
Area 9 - Poly High
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Roof Type Asphalt,Flat
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269022021
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Cody Charnell Sage Real Estate Group, Inc. 562-896-3851, DRE #01950585