1224 E 17th Street, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties

1224 E 17th Street, Long Beach, CA 90813

$1,750,000 Approx. USD 0 beds, 0 baths

Listing Agent


Sophea Pel | SOPHEA.PEL@GMAIL.COM
Lic#: 01491556
Broker: Courtesy of RE/MAX College Park Realty

Agent Remarks

HUGE PRICE REDUCTION! Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# PW25074352
List price is $1,750,000 Reduced by $240,000 on 5/31/2025
Price: $1,750,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1925
2 stories
0.18 acres
Lot size: 0.1788
County: Los Angeles
Zoning: LBR2N
Lot description: ZeroToOneUnitAcre
MLS area: 699 - Not Defined

Last Updated: 5/31/2025

 Days On Market (DOM): 74

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.787776, -118.175674.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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