2123 W Columbia Street, Long Beach, CA 90810

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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.


Interior Features

Laundry Information
Location(s) Common Area, Washer Hookup
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Features All Bedrooms Down
Cooling Type Wall/Window Unit(s)

Listing Information

Address 2123 W Columbia Street
City Long Beach
State CA
Zip 90810
County Los Angeles
Listing Agent Christopher Crosby DRE #02116879
Courtesy Of Buckingham Investments, Inc
List Price $1,349,000
Status Pending
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 9,278
Year Built 1946

Listing information courtesy of: Christopher Crosby, Buckingham Investments, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 8:49 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.