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Long Beach, CA 90804 2408 E 17th Street

$1,540,000

2408 E 17Th Street Long Beach, Ca - Image 12408 E 17Th Street Long Beach, Ca - Image 22408 E 17Th Street Long Beach, Ca - Image 3
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Presented By: Luen Song with Coldwell Banker Realty; write.luen@gmail.com
  • MLS# PW24045693
  • 03/06/2024
  • Request Tour
  • Request Info
  • BedBeds • 12
  • BathFull/Half Baths • 4 / 4
  • FootageSQFT • 5,022

Home Details

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.
Presented By: Luen Song with Coldwell Banker Realty; write.luen@gmail.com

Interior Features for 2408 E 17th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls, NoOneAbove, NoOneBelow
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 2408 E 17th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, StreetLights, Sidewalks, Urban
CoolingNone
CountyLos Angeles
Days on Market34
Directions17th and Junipero
Entry Locationfront door
Garage Spaces0.0
Garage Y/NNo
Gross Income96000.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1164.0
Interior FeaturesAllBedroomsUp
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet6401.0
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income67463.0
New ConstructionNo
Number of Units Leased4
Operating Expense2190.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street Name17th
Subdivision NameEastside (ES)
Tax Lot1
Tenant PaysElectricity, Gas
Total Actual Rent6050.0
Total Units4
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense1842.0
Waterfront Y/NNo
Year Built1972
Year Built SourcePublicRecords
ZoningLBR2N

Exterior for 2408 E 17th Street

Building Area Total5022.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, StreetLevel
Lot Size Acres0.1469
Lot Size Area6401.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,540,000
MLS#PW24045693
List Date 03/06/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors