Long Beach, CA 90813,426 E 17th ST
$1,595,000
$1,595,000
Est.Price: ?

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4,320 SqFt

426 E 17th ST Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 11/01/2022

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Key Details

Sold Price $1,595,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $369

Subdivision Wrigley Area (Wr)

MLS Listing ID PW22133767

Sold Date 11/01/22

HOA Y/N No

Year Built 1923

Lot Size 7,426 Sqft

Property Description

426 E. 17th Street is a value-add investment asset located in Long Beach with seven units plus one non-conforming unit. The courtyard-style property with gated entrance offers a unit mix consisting of (4) 1 BD/1 BA and (4) studios.There is onsite laundry and two garages on the property providing additional income. Utilities are separately metered with in place RUBS program. The property is conveniently located within walking distance to public transportation along Long Beach Boulevard, which runs to Downtown Long Beach, and nearby to PCH, providing easy access to the 710 freeway. 426 E. 17th Street presents a new buyer with the opportunity to increase existing below-market rents. There is additional value add potential in permitting the non-conforming unit, which already is separately metered for gas and electric.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBPD29

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Total Parking Spaces 2

Private Pool No

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7269022021

Energy Description 786.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with John Alden • Alden Pacific Investments, Inc.

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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