$1,150,000
$1,349,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
2123 W Columbia ST Long Beach, CA 90810
9,278 Sqft Lot
Key Details
Sold Price $1,150,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Westside/North Of Willow (Wnw)
MLS Listing ID SB24066151
Sold Date 10/11/24
HOA Y/N No
Year Built 1946
Lot Size 9,278 Sqft
Property Description
Back on market after buyer unable to perform. Prime investment opportunity for a savvy investor! The property is now priced under $225,000 per unit, situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School.
This meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants.
This excellent value-add opportunity boasts a huge upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively under $225,000/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
Location
State CA
County Los Angeles
Area 11 - Westside
Zoning LBR1N
Rooms
Ensuite Laundry Common Area, Washer Hookup
Interior
Interior Features All Bedrooms Down
Laundry Location Common Area,Washer Hookup
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Washer Hookup
Exterior
Pool None
Community Features Biking, Street Lights, Suburban, Park
View Y/N Yes
View Park/Greenbelt, Neighborhood
Total Parking Spaces 9
Private Pool No
Building
Lot Description Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Near Park, Yard
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7314014019
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Christopher Crosby • Buckingham Investments, Inc