Long Beach, CA 90804,2652 East 15th Street
Long Beach, CA 90804,2652 East 15th Street
Long Beach, CA 90804,2652 East 15th Street
Additional details
Listed by Robert Stepp • Keller Williams Realty Downey
$4,600,000
Est. payment /mo
7,440 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 7,440 sqft

Price per Sqft $618

Subdivision Eastside

MLS Listing ID PW-23229203

Year Built 1929

Lot Size 0.499 Acres

Property Sub-Type Commercial/Residential

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

Zoning LBR2N

Interior

Laundry Individual Room

Exterior

Parking Features Gated

Pool None

Community Features Sidewalks

Building

Lot Description 16-20 Units/Acre

Sewer Public Sewer


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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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