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Listed by Robert Stepp • Keller Williams Realty Downey
$ 4,600,000
Est. payment | /mo
0.5 Acres Lot
$ 4,600,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW23229203
Year Built 1929
Lot Size 0.499 Acres
Source California Regional MLS
Property Description
2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry In Laundry Room
Exterior
Garage Spaces 15.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 7260017019
Special Listing Condition Not Applicable
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