Average square foot calculated using Size range provided by listing agent.
Description
Incredible 7-Unit Investment Opportunity on Expansive Lot in Prime Location Positioned on a generous 19, 000+ square foot lot, this well-maintained 7-unit property offers a rare combination of modern amenities, strong unit mix, and excellent income potential. The property has been updated with new electrical panels and recently replaced garage doors (within the past 3 years). One of the duplex roofs has been fully replaced, and washer/dryer hookups are available in every unit. The front house, built in 1951, is a charming 2-bedroom, 1-bathroom single-story residence. Ideal for an owner-occupant or premium rental, it offers privacy and a separate driveway. Behind the front home are six two-story townhomes built in 1978, each featuring 2 bedrooms and 2 bathrooms. Every townhome includes in-unit laundry, private garage parking, and its own outdoor space. The units are well-designed with spacious living areas, making them attractive to long-term tenants. Situated just off Woodruff Avenue near Alondra Boulevard, the property enjoys easy access to major freeways, nearby shopping centers, and public transportation. Its central location ensures strong tenant demand while still offering peace and quiet on a lightly traveled street. With a stable rent roll and room for future upside, this asset is a standout in Long Beach’s competitive rental market. Don’t miss your chance to own a turnkey property with both immediate cash flow and long-term growth potential.Show Description
MLS® NumberPW25159757
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelElectric Dryer Hookup, Gas Dryer Hookup, Inside
Exposure
Exterior
GarageYes
Approx. Age1951
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/CCentral Air
Heating Fuel
Extras
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