2652 E 15th Street Active

Long Beach,CA 90804

$ 4600000

- Bed

- Bath

7440 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,440 sqft

Price per Sqft $618

MLS Listing ID CRPW23229203

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Fireplace No

Laundry Laundry Room

Building

Water Public

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