Long Beach, CA 90806,266 E 25th Street
$1,470,000
Est. payment /mo
$1,995,000
26.3%
Est.Price: ?

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6,182 SqFt
SOLD DATE : 02/20/2025

Key Details

Sold Price $1,470,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,182 sqft

Price per Sqft $237

MLS Listing ID CL24455767

Sold Date 02/20/25

HOA Y/N No

Year Built 1959

Lot Size 6,632 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.

Location

State CA

County Los Angeles

Zoning LBR2

Interior

Heating Electric, Radiant

Cooling None

Fireplace No

Laundry Community Facility

Building

New Construction No

Others

Tax ID 7208011010

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Bridge MLS
Listed by Jacqueline Knoll • Coldwell Banker Realty
Bought with JenniferKleinert

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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