2122 E 10th Street, Long Beach, CA 90804

$1,199,990
3,658
SqFt
List Price
$1,199,990
Status
ACTIVE
MLS#
PW21007325
Year Built
1963
Living Sq. Ft
3,658
Lot Size
3,250
Acres
0.0746
Lot Location
Paved
Days on Market
28
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Builders Tract Code
Junipero Gardens (JPG)
Neighborhood
Junipero Gardens (Jpg)

Property Description

This is a wonderful investment property with income upside that is waiting to be maximized. Ideally situated in Long Beach – East-side neighborhood, this secure 4plex has been upgraded inside and enjoys reliable, long-term tenants. The seller has invested in beautifully updating three of the units so this could be a great opportunity for a resident-owner plus it offers upside with future rental increases. The units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two of the units have garages and each pays its own electricity and gas. One of the units has laundry in the garage. Ideally located near DTLB, the Zaferia district and close to CSULB, LBCC, the beach, public transportation and the freeways, this property has broad appeal so you will never have vacancies.

Additional Information

Tract Number
5500
Lot Description
Sidewalks, Street Lights
Pool Description
None
Fireplace Description
None
Heat
Wall Furnace
Cooling Description
None
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$81,488
Operating Expense
18036
Unit One Total Units
1
Unit One Beds
1
Unit One Baths
1
Unit One Actual Rent
1265.00
Unit One Total Rent
1265.00
Unit One Pro Forma
1350
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
4
Unit Two Baths
2
Unit Two Garage Spaces
1.00
Unit Two Actual Rent
1911.00
Unit Two Total Rent
1911.00
Unit Two Pro Forma
2100
Unit Two Furnished
Unfurnished
Unit Three Total Units
1
Unit Three Beds
3
Unit Three Baths
1
Unit Three Actual Rent
1745.00
Unit Three Total Rent
1745.00
Unit Three Pro Forma
1900
Unit Three Furnished
Unfurnished
Unit Four Total Units
1
Unit Four Beds
3
Unit Four Baths
2
Unit Four Garage Spaces
1.00
Unit Four Actual Rent
1815.00
Unit Four Total Rent
1815.00
Unit Four Pro Forma
1950
Unit Four Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Costanza Genoese Zerbi from Redfin Corporation

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.