2652 E 15th Street Active

Long Beach,CA 90804

$ 4600000

- Bed

0 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

Year Built 1929

Lot Size 0.499 Acres

Acres 0.5

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 Listing

Zoning LBR2

Interior

Fireplace No

Laundry Laundry Room

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7260017019

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