$1,399,000
Accepting Backup Offers

1956 San Francisco Avenue

Long Beach, CA 90806
0.15 acres | #PW25035560
Listing OfficeFirst Team Real Estate
Browse 10 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

1956 San Francisco Ave, is a well-maintained and professionally managed multi-unit property in Long Beach presents a prime investment opportunity with significant rental upside. Boasting a high square footage count, the building offers spacious units and a functional layout, making it an attractive choice for tenants and investors alike. The property features seven existing units, with the potential to legalize an eighth unit, providing additional income possibilities. Units are modernized upon turnover, with upgrades including LVT flooring replacing carpet, and each unit comes equipped with a stove and refrigerator. Key amenities include: Four garages (two rented separately, two used by owner-occupied units) Street parking available, On-site laundry facility (machines owned by vendor, contracted with All Valley) Trash dumpster on-site, New hot water heater (2024), Lawn sprinkler system and a re-tarred roof and exterior painting within the past 10 years.

  • Property Details
      • Sewer InformationPublicSewer, SewerTapPaid
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,399,000
      • MLS #PW25035560
      • MLS #PW25035560
      • Property SubtypeApartment
      • Cost1399000
      • Acres0.1463
      • Utility SourcePublic
      • Year Built1955
      • Stories2
      • Parking Spaces4

Location

Sharon RichReal Estate Group
OR

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6.0%

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2.6%
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