1222 E 10th ST new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25198017
HOA Y/N No
Year Built 1923
Lot Size 5,854 Sqft
Property Sub-Type Apartment
Property Description
1222 E 10th St., Long Beach represents an excellent opportunity for cash flow and upside within a centrally located, straight forward "Bread and butter" asset. Consisting of nicely sized (6) Studio-1 bath and (4) 1 Bed-1 bath units, the property has a consistently high occupancy rate. 5 of 10 units are currently eligible for rent increases Unit interiors have been upgraded as well as the electrical system converted to separate meters and subpanels with capacity for expansion in each unit. The building exterior has just been cleaned, preserved and painted. There is potential to add a laundry room in a large water heater/ store room at the rear of the property (Buyer to verify)
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LBR2N
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7267022005
Energy Description 1325.0
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,Fannie Mae,Freddie Mac
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,Fannie Mae,Freddie Mac
Special Listing Condition Standard