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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25035560
Sold Date 05/13/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
1956 San Francisco Ave, is a well-maintained and professionally managed multi-unit property in Long Beach presents a prime investment opportunity with significant rental upside. Boasting a high square footage count, the building offers spacious units and a functional layout, making it an attractive choice for tenants and investors alike. The property features seven existing units, with the potential to legalize an eighth unit, providing additional income possibilities. Units are modernized upon turnover, with upgrades including LVT flooring replacing carpet, and each unit comes equipped with a stove and refrigerator. Key amenities include: Four garages (two rented separately, two used by owner-occupied units) Street parking available, On-site laundry facility (machines owned by vendor, contracted with All Valley) Trash dumpster on-site, New hot water heater (2024), Lawn sprinkler system and a re-tarred roof and exterior painting within the past 10 years.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Between 19th & 20th Street. West of Golden Avenue
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7202028026
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Donita Thompson
Broker Associate | License ID: 01113919
Broker Associate License ID: 01113919




