266 E 25th ST

Long Beach,CA 90806

$ 1995000

10 Beds

9 Baths

6182 SqFt


Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,182 sqft

Price per Sqft $322

MLS Listing ID 24455767

Bedrooms 10

HOA Y/N No

Year Built 1959

Lot Size 6,629 Sqft

Property Description

Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBR2N

Interior

Heating Electric,Radiant

Cooling None

Fireplace No

Appliance Disposal

Laundry Common Area

Exterior

Parking Features Covered,Private

Pool None

Community Features Gated

Total Parking Spaces 6

Private Pool No

Building

Story 2

Entry Level Two

Architectural Style Contemporary

Level or Stories Two

New Construction No

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7208011010

Security Features Gated Community

Special Listing Condition Standard

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