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.
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
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#: SB24066151
Originating 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