2122 10th st, Long Beach, CA 90804
Active
$1,599,000
11%
4 Units
11 Beds
6 Baths
3,658 Area(sq.ft.)
Lot: 3,250 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | $ 1,900 | n/a | n/a | |
| Unit 2 | 1 | 4 | 2 | $ 3,900 | n/a | n/a | |
| Unit 3 | 1 | 3 | 2 | $ 2,850 | n/a | n/a | |
| Unit 4 | 1 | 3 | 1 | $ 2,700 | n/a | n/a | |
| 4 | 11 | 6 | $ 11,350 | $ 0 | $ 0 |
| MLS #: | OC25029958MR |
| Days On Market: | 294 |
| Listing Date: | February 14, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 437 |
| Price per unit: | $ 399,750 |
| Year Built: | 1963 |
Property Details
Exceptional Investment Opportunity in Prime Long Beach Location! Low-maintenance property, ideal for both new and seasoned investors for adding to their real estate portfolio. This fourplex features 1 bedroom & 1 bath unit, 4 bedroom & 2 bath unit with garage, 3 bedroom & 2 baths unit with garage, and 3 bedroom & 1 bath unit, a well mixture of unit sizes to maximize the income possibility, and generating an impressive annual gross income of $132,000, boasting one of the most profitable fourplexes on the market. This property has undergone a remodel in 2021 with attention to detail to offer an added value to the property. Conveniently located close to stores, restaurants, public transportation, and easy access to the Pacific Coast Hwy and freeways, this is a property that delivers a perfect opportunity for immediate cash flow!Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 22,395 |
| Net Operating Income: | $ 114,405 |
| Actual Gross Rent: | $ 11,350 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Other |
| Water: | Other |
Land & Parking
| Zoning: | LBR1N |
| Land Lease Type: | Fee |
| Parking Garage: | None |
Interior
| Cooking Appliances: | None |
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | Natural Gas |
| Laundry: | None |
Exterior
| Pool: | No |
Detailed Map
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