1021 E 12th Street, Long Beach, CA 90813 (MLS # PW24250938)

Save to Favorites
Print
Share
PRICE $1,325,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 3,498 sqft
LOT SIZE 6,805 sqft

5 Unit apartment building on a large 6,800 SF lot in Long Beach! This property has 2 buildings, a front house consisting of a 4 Bedroom / 2 Bath ~1,398 SF and a separate back building ~ 2,100 SF consisting of 4 ALL 1-Bedroom/1-Bath units! This property has on ONSITE laundry room that brings in additional income! Parking for about 7 cars onsite! This property currently brings in $8,629/month in gross rental income. Currently operating at a CAP rate of 5.1 CAP and 12.6 X GROSS! This is great investment opportunity with upside potential through renovations/rent increases. Located close to downtown Long Beach, shopping and restaurants and offering easy access to Alamitos Beach, 4th Street!

DAYS ON MARKET 4 LAST UPDATED 12/18/2024
TRACT Downtown (DT) YEAR BUILT 1910
COMMUNITY Downtown Area, Alamitos Beach COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Downtown Area, Alamitos Beach
GARAGE Asphalt, Driveway
HEAT Wall Furnace
LOT 6802 sq ft
LOT DESCRIPTION 2-5 Units/Acre
PARKING Asphalt,Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Downtown (DT)
WATER Public
ZONING LBR4R
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 1021 E 12TH STREET
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Anastasia Stamatii to contact you even if your name is on a Federal or State "Do not call List".

Listed with The Moore Group

Based on information from CRMLS as of 12/22/24 12:28 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This IDX solution is (c) Diverse Solutions 2024.