Skip To Content
    Return to Previous Page

    232 E 21St Street

    Long Beach, CA 90806
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 14 days
    • ID#: 21692780
    Under Contract
    UPDATED: 11 min ago
    $1,100,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,996
      SQFT
    • $275
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Owner-User Opportunity! 4-Units Built in 1963, Unit Mix: (2) 1+1; (2) 3+2 One (1) Three-Bedroom/Two-Bathroom Unit to be Delivered Vacant. Four (4) One-Car Garages for Parking or Two (2) Studio Accessory Dwelling Units (ADUs) for Additional Income. Upgrades and Renovations in Several Units. Growing Submarket with Attractive Demographics. Building is individually metered for Gas & Electricity. 47% Rental Upside Potential. Please see the link to the property website for the Offering Memorandum for more information on the listing.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-27T16:29:34.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/114215754
    Print Image

    232 E 21St Street Long Beach, CA 90806

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 11 min ago
    • ID#: 21692780
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,996
    SQFT
    $275
    $/SQFT
    1963
    Built
    County:
    Los Angeles
    Property Description
    Owner-User Opportunity! 4-Units Built in 1963, Unit Mix: (2) 1+1; (2) 3+2 One (1) Three-Bedroom/Two-Bathroom Unit to be Delivered Vacant. Four (4) One-Car Garages for Parking or Two (2) Studio Accessory Dwelling Units (ADUs) for Additional Income. Upgrades and Renovations in Several Units. Growing Submarket with Attractive Demographics. Building is individually metered for Gas & Electricity. 47% Rental Upside Potential. Please see the link to the property website for the Offering Memorandum for more information on the listing.
    Exterior Features

    Lot Size Dimensions 50X95 Lot Size Units Square Feet

    Property Features

    Country Us Gross Income 81000.00 Gross Multiplier 13.58 Gross Operating Income 78570.00 Net Operating Income 54622.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 23948.00 Vacancy Allowance Rate 3.00 Zoning Lbpd29

    Listing provided courtesy of John Wright of Matthews Real Estate Investment Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-27T16:29:34.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365187644-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365187644-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365187644-1.jpg
    Logo
    Zen Ziejewski and Team | Keller Williams Realty
    27101 Puerta Real #150
    Mission Viejo CA, 92691