CA > Long Beach
Long Beach, CA 90813,1222 E 10th ST
Long Beach, CA 90813,1222 E 10th ST
Long Beach, CA 90813,1222 E 10th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,695,000
Est. payment /mo
5,854 Sqft Lot
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UPDATED:

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

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CRMLS – RECore
Listed by Eric Christopher WSC Realty Advisors Inc. 949-463-2787

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