Properties
Long Beach, CA 90810 1830 W Willow Street
$1,195,000
18 more
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
Beds • 6
Baths • 6
SQFT • 3,250
Home Details
1830 W Willow Street is a 3,250 SF 6-Unit property on a 3,618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies.
Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach
With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
Interior Features for 1830 W Willow Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories2
Other Rooms
Entry Level1
General for 1830 W Willow Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesBiking
CountyLos Angeles
Days on Market12
Directions1 parcel east of Seabright Ave & Willow St
Entry Location1
Expected Active Date 2024-05-01
Garage Spaces0.0
Garage Y/NNo
Gross Income107304.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense4036.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet3618.0
MLS Area11 - Westside
MaintenanceExpense5365.0
MobileHomeRemainsYNNo
Net Operating Income64413.0
New ConstructionNo
Operating Expense37526.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street NameWillow
Tax Lot2
Taxes$15,918
Total Units6
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1962
Year Built SourceAssessor
ZoningLBCCR
Exterior for 1830 W Willow Street
Building Area Total3250.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.0831
Lot Size Area3618.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
