Properties
Long Beach, CA 90810 2123 W Columbia Street
$1,485,000
41 more
Presented By: Christopher Crosby with Buckingham Investments, Inc; 650-549-4849
Beds • 3
Full/Half Baths • 1 / 1
SQFT • 3,338
Home Details
UPDATED RENT ROLL AND PRICE REDUCTION! 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 tenants.
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 $247,500/ 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 with Buckingham Investments, Inc; 650-549-4849
Interior Features for 2123 W Columbia Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls, NoOneAbove, NoOneBelow
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea, WasherHookup
Street SuffixStreet
Total Stories1
Other Rooms
Entry Level1
General for 2123 W Columbia Street
Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, StreetLights, Suburban, Park
ContingencyInformation provided is usually deemed reliable but it is NOT guaranteed accurate by the seller or listing agent. Sellers and seller representatives do not guarantee the accuracy of the square footag
CoolingWallWindowUnits
CountyLos Angeles
Days on Market32
DirectionsW Columbia Street
Entry LocationStreet
Garage Spaces0.0
Garage Y/NNo
Gross Income93120.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense5007.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet9278.0
MLS Area11 - Westside
MobileHomeRemainsYNNo
Net Operating Income51137.0
New ConstructionNo
Number of Units Leased6
Operating Expense41589.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerUnknown
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameColumbia
Subdivision NameWestside/North of Willow (WNW)
Tax Lot36
Total Actual Rent6860.0
Total Units6
Trash Expense2160.0
ViewParkGreenbelt, Neighborhood
View Y/NYes
Water Sewer Expense2160.0
Waterfront Y/NNo
Year Built1946
Year Built SourceAssessor
ZoningLBR1N
Exterior for 2123 W Columbia Street
Building Area Total3338.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CulDeSac, FrontYard, Garden, Lawn, NearPark, Yard
Lot Size Acres0.213
Lot Size Area9278.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings4
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking9.0
Water SourcePublic
Additional Details
Price History
