Property Detail

2652 15th

Long Beach CA 90804

$4,600,000

Status: Active

Property Details

Description

2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.

Map Location

Listing provided courtesy of Robert Stepp of Keller Williams - Santa Monica. Last updated 2024-11-29 09:11:24.000000. Listing information © 2024 CRMLS.

Linda Lederer Bernstein

Linda Lederer Bernstein

DRE #1527365
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