$1,425,000 Price Analysis 2123 W Columbia StLong Beach, CA 90810 8 bed 8 bath 3,338 SqFt ($426/SqFt) 9,278SqFt lot. Built 1946 Listed 2024-04-04, Taxes $9,321 | Ⓧ USDA Ineligible due to price & location near Long Beach |
$130k Price Reduction in the first 60 days. Prime investment opportunity! Situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s) and interior renovations.
The large driveway offers plenty of off street parking for the tennts. This excellent value-add opportunity boasts over 50% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $237, 500/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
Presented by Christopher Crosby at
Buckingham Investments, Inc.
Property MLS #SB24066151 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $346,481 + $352,316 $698,797 | $9,321 |
2021 | $339,688 + $345,408 $685,096 | $9,120 |
2020 | $336,205 + $341,867 $678,072 | $9,096 |
2019 | $329,613 + $335,164 $664,777 | $8,990 |
2018 | $323,150 + $328,593 $651,743 | $8,687 |
2017 | $316,814 + $322,150 $638,964 | $8,595 |
2016 | $310,602 + $315,834 $626,436 | $7,994 |
2015 | $305,937 + $311,090 $617,027 | $7,683 |
2014 | $234,000 + $351,000 $585,000 | $7,432 |
2013 | $234,000 + $351,000 $585,000 | $7,239 |
2012 | $210,000 + $315,000 $525,000 | $6,794 |
2010 | $210,000 + $315,000 $525,000 | $6,592 |
2009 | $382,034 + $297,138 $679,172 | $8,246 |
2009 | $210,000 + $315,000 $525,000 | $8,246 |
2008 | $374,544 + $291,312 $665,856 | $7,685 |
2007 | $367,200 + $285,600 $652,800 | $7,489 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.