290 W 19th Street Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90806
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $437
MLS Listing ID CRSB25137881
Bedrooms 4
HOA Y/N No
Year Built 1930
Lot Size 4,986 Sqft
Acres 0.11
Property Sub-Type Triplex
Property Description
This charming 3-unit property in the desirable South Wrigley neighborhood features one 2-bedroom unit and two 1-bedroom units. Ideally situated less than one mile from the 710 Freeway, under two miles from the 405, and just two miles north of the beach, the building sits on a picturesque, tree-lined residential street. Priced at a 15.33 GRM, the property offers approximately 10% income growth potential to reach a market GRM of 13.6. The 2-bedroom unit has no shared walls, includes a 1-car garage with laundry, and features a spacious private back patio. Each 1-bedroom unit shares only one wall and comes with a dedicated laundry/storage room with a separate entrance and tandem parking for 2 cars. Individual electric and gas meters for each unit reduce owner expenses. Located in an opportunity zone, this property presents both immediate value and future growth potential. All units have double paned windows, new heaters, and have been earthquake retrofitted. The plumbing in the 1 Bed units was replaced in 2019.
Location
State CA
County Los Angeles
Zoning LBR2
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile,Carpet
Fireplace No
Laundry In Garage,Laundry Room
Exterior
View Y/N false
View None
Total Parking Spaces 1
Building
Lot Description Other
New Construction No
Others
Tax ID 7209022001