316 East 23rd Street, Long Beach, CA 90806

$995,000 Approx. USD 0 beds, 0 baths
6,210 sqft

Agent Remarks

The property consists of 4 apartment units + 2 commercial units. 2 x 2 bedroom 1 bath units + 2 x 1 bedroom 1 bath units + 2 commercial / retail units on the ground floor. The apartment rents are very low with the 1 bedrooms rented at $600 and $575 and the 2 bedroom units rented at $1,100 and $1,300. The first commercial unit is leased to a kombucha tea store and manufacturing tenant at $1,200 per month. The tenant is doing very well and established themselves in the community. The second commercial unit is leased to an insurance company for $950 per month. The property has been well maintained with updates to the plumbing and restrooms. All leases are month to month except for the tea store whose lease expires in March 2017. Owner is willing to provide seller financing with $450k down.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# DW16705589
List price is $995,000
Beds: 0
Baths: 0
Built in 1947
6,210 sqft
2 stories
0.14 acres
Lot size: 6211.000
County: Los Angeles
Zoning: LBPD29
MLS area: 5 - Wrigley Area

Last Updated: 10/22/2016

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This listing belongs to the 5 - Wrigley Area MLS area

The listing is zoned LBPD29.
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Lat/Long: 33.798782, -118.188957.
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Broker: Courtesy of Apex Properties
Listing Agent: Chris Comfort

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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