Long Beach, CA 90813,549 E 17th ST
Long Beach, CA 90813,549 E 17th ST
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$855,000

$874,900

2.3%
Est.Price: ?

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Est. payment /mo

2,178 Sqft Lot


SOLD DATE : 01/04/2021

Key Details

Sold Price $855,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID PW20237152

Sold Date 01/04/21

HOA Y/N No

Year Built 1923

Lot Size 2,178 Sqft

Property Description

Welcome to 17th Street Apartments, a restored Four Unit Building in the heart of Long Beach. The owner/user unit was just recently remodeled and is FHA/VA buyer ready. One unit will be delivered vacant. 17th St has oversized units and a new buyer could possibly maximize income by converting existing 1 bedroom to 2 bedroom units, buyer to verify. Building boasts a newer roof which was replaced in March of 2019. Located just 10 mins North of Downtown Long Beach and the Pike with direct access to 710 and 405 freeways. 17th Street has a potential pro forma Cap Rate of 6.4% and potential pro forma GRM of 8.2.

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBCO

Interior

Fireplace No

Laundry None

Exterior

Parking Features None

Pool None

Community Features Curbs

Private Pool No

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7269034007

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alberto Garcia • Pacific Properties Rlty Group
Bought with Anthony Walker • Buckingham Investments, Inc
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+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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