$1,399,000
Est. payment /mo
6,373 Sqft Lot
Contingent
1956 San Francisco AVE Long Beach, CA 90806
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Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRPW25035560
Originating Board California Regional MLS
Year Built 1955
Lot Size 6,373 Sqft
Property Description
1956 San Francisco Ave, is a well-maintained and professionally managed multi-unit property in Long Beach presents a prime investment opportunity with significant rental upside. Boasting a high square footage count, the building offers spacious units and a functional layout, making it an attractive choice for tenants and investors alike. The property features seven existing units, with the potential to legalize an eighth unit, providing additional income possibilities. Units are modernized upon turnover, with upgrades including LVT flooring replacing carpet, and each unit comes equipped with a stove and refrigerator. Key amenities include: Four garages (two rented separately, two used by owner-occupied units) Street parking available, On-site laundry facility (machines owned by vendor, contracted with All Valley) Trash dumpster on-site, New hot water heater (2024), Lawn sprinkler system and a re-tarred roof and exterior painting within the past 10 years.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Garage Spaces 4.0
Pool None
Building
Sewer Sewer Available
Water District - Public
Others
Tax ID 7202028026
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Philip DeMatteo • First Team Real Estate