1600 Junipero Avenue, Long Beach, CA 90804 - MLS#SB25117441

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,580,000

Est. payment | -/mo

12 Beds

4 Baths

Save

$ 1,580,000

Est. payment | -/mo

Save

12 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID SB25117441

Bedrooms 12

Property Sub-Type Res Income 2-4 Units

Property Description

1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath unitsall featuring in-unit laundrythis offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spacesproviding each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 16th & Junipero ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7260012006

Listed by Christopher Van Vuuren Lyon Stahl Investment Real Estate, Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1600 Junipero Avenue Long Beach, CA 90804