Property listed by Sage Real Estate Group, Inc., Cody Charnell 562-896-3851
$1,650,000
426 E 17th Street is a 10-unit apartment building in Long Beach’s Poly High neighborhood, aggressively priced at $1,650,000—just $165,000 per unit, 8.99 times gross income, and a 7.15% cap rate based on current income. The property features (5) 1bed/1bath units and (5) studios, including two newly constructed ADUs, along… Read More with new main electrical panels. The property offers easy access to Downtown Long Beach, local schools, the Metro line, and newer shopping centers. Read Less
Listing Snapshot
Days Online
30
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1923
MLS Number
PW26207416
Additional Details
Building
Built in 1923, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front
Community
Urban
Cooling
None
Disclosures
AccessoryDwellingUnit
Expenses
Operating: $56,382
Fireplaces
None
Foundation
Raised, Slab
Heating
WallFurnace
Income
Gross ScheduledIncome: $183,600, Net Operating Income: $118,038
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
