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$ 1,580,000
Est. payment | /mo
12 Beds
4 Baths
7,043 Sqft Lot
$ 1,580,000
Est. payment | /mo
12 Beds
4 Baths
7,043 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25117441
Bedrooms 12
HOA Y/N No
Lot Size 7,043 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath unitsall featuring in-unit laundrythis offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spacesproviding each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.
1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath unitsall featuring in-unit laundrythis offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spacesproviding each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.
1600 Junipero Avenue, a four-unit multifamily property located on the Eastside Long Beach / Signal Hill border. With an attractive unit mix of four (4) spacious three-bedroom, one-bath unitsall featuring in-unit laundrythis offering appeals to both owner-users and investors alike. The property is fully occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 4-unit investment opportunities currently available in the city. Situated on a 7,043 SF lot, the property features 4,266 SF of rentable space and includes 8 uncovered parking spacesproviding each unit with two dedicated spots, a rare amenity for comparable properties. The oversized parking area also offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.
Location
State CA
County Los Angeles
Area Long Beach (90804)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $82
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,534
Listing Terms Cash, Conventional, Exchange
Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.
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