Long Beach, CA 90806,217 E 20th ST
Long Beach, CA 90806,217 E 20th ST
Long Beach, CA 90806,217 E 20th ST
16
$773,000
$750,000
3.1%
Est.Price: ?

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4,944 Sqft Lot

217 E 20th ST Long Beach, CA 90806

Est. payment /mo
SOLD DATE : 07/05/2022

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Key Details

Sold Price $773,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID DW22092591

Sold Date 07/05/22

HOA Y/N No

Year Built 1939

Lot Size 4,944 Sqft

Property Description

This, South Wrigley location is near shopping, public transportation, and services. Only a few doors away from Long Beach Boulevard, which is a major street in the area. Has undergone significant renovations, with the redevelopment of new retail centers, office buildings, and housing, along this thoroughfare. This new redevelopment has sparked a renewed interest in the immediate area, whereby increasing commerce and property values.
This property provides an investor the chance to own a well-located tri-plex with rent upside and added value. The property consists of all one-bedroom/one units measuring over 780 sq. ft. All three units are separately metered for gas & electricity. Each unit has its own hot water heater. The property owner pays for water/trash and there is a house meter for electricity which feeds exterior lighting. Parking is provided by three, private garages and three open spaces, for a total of six off-street parking spaces.
In summary, the property is well located and offers large units which are separately metered for utilities and great off-street parking. Added value opportunity through minor property upgrades and significant rental upside.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBPD29

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7209013033

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Henry Camacho • Henry Steven Camacho
Bought with Navy Ortiz • Bronwyn Realty Inc
Erick Ciprian

Agent & MLO | License ID: 01826437

+1(619) 616-0653 | ciprianhomes@gmail.com

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