CA > Long Beach > Willmore District (Wm)
Long Beach, CA 90813,529 W 10th
Long Beach, CA 90813,529 W 10th
Long Beach, CA 90813,529 W 10th
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,500,000
Est. payment /mo
7,753 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID PW25256072

HOA Y/N No

Year Built 1928

Lot Size 7,753 Sqft

Property Sub-Type Apartment

Property Description

We are pleased to present 529 W 10th Street, a meticulously renovated five-unit property on a large 7,750 square foot lot located just minutes from Downtown Long Beach. The property is comprised of a spacious four bed/two bath house along with two duplexes, each featuring one bed/one bath units.

Over $320,000 has been invested in exterior/interior renovations and system upgrades with no expense spared. Improvements include a newer roof, PEX plumbing throughout, new electrical subpanels along with the complete interior remodel of every unit—delivering a true turnkey investment.

The detached front house has three surface spaces- a rarity for the area. The two duplex tenants enjoy a total of four spaces (two tandem) in the garage area- a premium for the area!

A detached two-car garage sits at the rear of the property, providing an excellent opportunity for conversion into an ADU and the ability to expand the footprint up to two stories via SB-1211.

With a sub-$500,000 down payment required and the potential to achieve close to a 6% cash-on-cash return, 529 W 10th Street presents an exceptional opportunity for both smaller 1031 exchange buyers and local investors seeking a high cashflow low maintenance property for years to come .

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Laundry Washer Hookup

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Urban

Total Parking Spaces 7

Private Pool No

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7272008023

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jackson Jorgensen Younglewin Advisors, Inc. jack@younglewin.com

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