2408 E 17th Street Long Beach, CA ^$ 1,540,000

2408 E 17th Street

^$ 1,540,000

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2408 E 17th Street

Long Beach, CA, 90804

^$ 1,540,000

Bedrooms12 Baths4.4 Sq 5,022

Monthly Estimate*

^$ 10,757

Listed by Coldwell Banker Realty

2408 E 17th Street, Long Beach, CA 90804 - Image 1

2408 E 17th Street, Long Beach, CA 90804 - Image 2

2408 E 17th Street, Long Beach, CA 90804 - Image 3

2408 E 17th Street, Long Beach, CA 90804 - Image 4

2408 E 17th Street, Long Beach, CA 90804 - Image 5

2408 E 17th Street, Long Beach, CA 90804 - Image 6

2408 E 17th Street, Long Beach, CA 90804 - Image 7

2408 E 17th Street, Long Beach, CA 90804 - Image 8

Multi-Family Home for sale in Long Beach, CA

for $1,540,000 with 12 bedrooms and 4 full baths, 4 half baths. This 5,022 square foot home was built in 1972 on a lot size of 0.1469.

Welcome to this exceptional investment opportunity featuring four spacious townhome-style units, each boasting 3 bedrooms and 1.5 bathrooms. Ideal for savvy investors, these well-maintained units offer a lucrative rental income potential and a prime location. The property features a large parking lot, providing ample space for up to 10 vehicles. With rents currently below market value, there is significant potential to increase rental income and maximize returns on this investment. Please respect the privacy of the tenants and refrain from disturbing them. Don't miss out on this fantastic opportunity to add a high-performing property to your portfolio. Schedule your viewing today.

Multi-Family Active

Price

^$ 1,540,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1469

Year Built

1972

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24045693

Days on Market

Features

General

Interior Features AllBedroomsUp

Sewer PublicSewer

Heating WallFurnace

Cooling None

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Zoning LBR2N

Garage Spaces 0.0

Pool Features None

Year Built 1972

Tenant Pays Electricity Gas

Property SubType MixedUse

Gross Income 96000.0

Community Features Curbs StreetLights Sidewalks Urban

County Los Angeles

Net Operating Income 67463.0

Operating Expense 2190.0

Insurance Expense 1164.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Eastside (ES)

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 17th and Junipero

City Long Beach

Entry Location front door

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 3 - Eastside Circle Area

Lot Size Square Feet 6401.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name 17th

Listing Terms CashtoNewLoan

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 1842.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 34

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 1

Total Actual Rent 6050.0

Property Sub Type Additional MixedUse

Exterior

Lot Features RectangularLot StreetLevel

Water Source Public

Total Parking 0.0

Lot Size Area 6401.0

Number of Buildings 1

Spa N

Building Area Total 5022.0

Lot Size Acres 0.1469

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls NoOneAbove NoOneBelow

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2408

* Excluded Features

List By

Coldwell Banker Realty

Broker

(562) 494-4600

Phone

Affordability Calculator

$10,757

Per Month

Monthly Principal & Interest: $10,757
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,100,298

Percent of Sale Price 36%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2024	$1,540,000		Listed Price

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2408 E 17th Street, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,540,000 with 5,022 sqft and a lot size of 0.1469. 2408 E 17th Street has 12 bedrooms, 4.4 baths, and was built in 1972. The property's zip code is 90804 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2408 E 17th Street

Multi-Family Home for sale in Long Beach, CA

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