2652 2706 E 15th ST Active

Long Beach,CA 90804

$ 4600000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW23229203

Originating Board California Regional MLS

Year Built 1929

Lot Size 0.499 Acres

Property Description

2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Laundry In Laundry Room

Exterior

Garage Spaces 15.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 7260017019

Special Listing Condition Not Applicable

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