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$ 1,580,000
Est. payment | /mo
12 Beds
4 Baths
$ 1,580,000
Est. payment | /mo
12 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID SB25117441
Bedrooms 12
Property Sub-Type Res Income 2-4 Units
Property Description
1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath unitsall featuring in-unit laundrythis offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spacesproviding each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 16th & Junipero ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7260012006
Listed by Christopher Van Vuuren Lyon Stahl Investment Real Estate, Inc.
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