Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.
Mls | 24455763 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active Under Contract |
Year | 1959 |
Days On Site | 48 |
Listing Provided By | Coldwell Banker Realty 310-777-6200 | Jacqueline Knoll |
Sq Feet | 6,182 |
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Storys | 2 |
Units | 9 |
Zoning | LBR2N |
Acreage | 0.15 |
State | CA |
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County | Los Angeles |
City | Long Beach |
Zip Code | 90806 |
Area | 5 Wrigley Area |
Listing VS Median (in 90806) | |
Price: $1,995,000 low | high Med: $939,444 SqFt: 6,182 low | high Med: 1,499 $ / SqFt: $323 low | high Med: $631 On Site: 48 low | high Med: 175.500000 |