2123 W Columbia St, Long Beach, CA 90810 Homes for Sale

For Sale

$1,485,000

• 8 beds
• 8 baths
• 3338 Sq Ft

2123 W Columbia Street,
Long Beach, CA, 90810

Latitude 33.809385 - Longitude -118.220457

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Overview

Listing Status Active

MLS SB24066151

Property Type

Apartment

Year built

1946

Total rooms

8

Lot size

0.21 Acres

Time on NeighborWho

49 days

Stories

-

Price per Sq Ft

$445

Parking

9e0 car garage

Basement

-

About 2123 W Columbia Street, Long Beach, CA

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 in 4 of 6 units. 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 $247,000/ 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. Read more

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