30 E Market Street, Long Beach, CA 90805

$1,230,000
List Price
$1,230,000
Status
PENDING
MLS#
SB23092605
Year Built
1989
Lot Size
6,508
Acres
0.15
Days on Market
32
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
North Long Beach (Nlb)

Property Description

30 E Market St a 4-unit apartment complex in Long Beach, California. The front townhome style units are comprised of (2) two-bed/three-bath units with front patios while the rear building offers (2) two-bed/two-bath units with balconies totaling 4,273 sq ft. Built in 1989, the property comes equipped with full copper plumbing. Tenants will also enjoy washer/dryer hook ups and new dishwashers in each spacious unit. This asset also includes (4) two-car garages providing tenants a 2:1 parking ratio. The property also has secured gated access for the front and rear of the building. Gas and electricity are also separately metered keeping landlord expenses to a minimum. With (3) units being delivered empty and ready for renovation/rent, the building provides investors an opportunity to acquire an asset with true value-add potential.

Additional Information

Pool Description
None
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$103,680
Operating Expense
25138

Listing courtesy of Listing Agent: Christopher Van Vuuren (Chris@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.