345 E 20th ST, Long Beach, CA 90806 – SB23188825

$3,525,000

$4,190,000

15.9%

Est.Price: ?

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Est. payment -/mo

0.4 Acres Lot

SOLD DATE : 05/22/2024

Key Details

Sold Price $3,525,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision ,Poly High (Ph)

MLS Listing ID SB23188825

Sold Date 05/22/24

HOA Y/N No

Year Built 1923

Lot Size 0.404 Acres

Property Description

Price Adjustment! 345 E 20th St in Long Beach is a great investment opportunity for local investors or 1031 exchange clients alike. The 23 units have been upgraded both on the interior and exterior. The upgrades include but are not limited to the roof being replaced within the last 10 years, a majority of the plumbing being replaced, and each unit being heavily remodeled in the last 5 years. The subject property currently has 4 private garages and an onsite laundry room, both which provide additional income. 345 E 20th St boasts a strong walk score of 95 due to the extremely convenient distance between grocery stores as well as dining and entertainment options.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7209011018

Energy Description 4500.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc. • 310-403-9145
Bought with Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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