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Listed by Philip DeMatteo • First Team Real Estate
$1,399,000
Est. payment /mo
5,892 SqFt
Pending
1956 San Francisco Avenue Long Beach, CA 90806
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,892 sqft
Price per Sqft $237
MLS Listing ID PW-25035560
Year Built 1955
Lot Size 6,373 Sqft
Property Sub-Type Apartment
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
Fireplaces Type None
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer, Sewer Paid