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Long Beach, CA 90813,426 E 17th ST
Long Beach, CA 90813,426 E 17th ST
Long Beach, CA 90813,426 E 17th ST
$1,595,000
Est. payment /mo
$1,595,000
Est.Price: ?

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7,426 Sqft Lot
SOLD DATE : 11/01/2022

Key Details

Sold Price $1,595,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID PW22133767

Year Built 1923

Lot Size 7,426 Sqft

Property Description

426 E. 17th Street is a value-add investment asset located in Long Beach with seven units plus one non-conforming unit. The courtyard-style property with gated entrance offers a unit mix consisting of (4) 1 BD/1 BA and (4) studios.There is onsite laundry and two garages on the property providing additional income. Utilities are separately metered with in place RUBS program. The property is conveniently located within walking distance to public transportation along Long Beach Boulevard, which runs to Downtown Long Beach, and nearby to PCH, providing easy access to the 710 freeway. 426 E. 17th Street presents a new buyer with the opportunity to increase existing below-market rents. There is additional value add potential in permitting the non-conforming unit, which already is separately metered for gas and electric.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBPD29

Interior

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with John Alden • Alden Pacific Investments, Inc.
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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