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Sold for $1,150,000 on 10/11/24
  • Listing Provided by: 

    Christopher Crosby DRE #02116879 650-549-4849,

    Buckingham Investments, Inc

    $1,150,000

    2123 W Columbia St, Long Beach, CA 90810

    --beds
    --baths
    3,338sqft
    Multi Family
    Built in 1946
    -- sqft lot
    $1,416,700 Zestimate®
    $345/sqft
    $3,511 Estimated rent

    What's special

    Back on market after buyer unable to perform. Prime investment opportunity for a savvy investor! The property is now priced under $225,000 per unit, 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 a huge upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively under $225,000/ 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.

    Zillow last checked: 7 hours ago

    Listing updated: December 18, 2024 at 09:54pm

    Listing Provided by:

    Christopher Crosby DRE #02116879 650-549-4849,

    Buckingham Investments, Inc

    Bought with:

    Christopher Crosby, DRE #02116879

    Buckingham Investments, Inc

    Source: CRMLS,MLS#: SB24066151MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Washer
    • Laundry: Common Area, Washer Hookup
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
    Interior area
    • Total structure area: 3,338
    • Total interior livable area: 3,338 sqft

    Property

    Parking
    • Total spaces: 9
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Park/Greenbelt, Neighborhood
    Lot
    • Size: 9,278 sqft
    • Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Near Park, Yard
    Details
    • Parcel number: 7314014019
    • Zoning: LBR1N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Street Lights, Suburban, Park
    Location
    • Region: Long Beach
    • Subdivision: Westside/North Of Willow (Wnw)

    HOA & financial

    Other financial information
    • Total actual rent: 6860

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    Services availability
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    Estimated market value

    $1,416,700