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220 E 57th Street
Long Beach CA 90805 US

$1,999,888

Active Under Contract Listing ID PW23181804
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10 bed
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9.00 Bath (9 Full Bath)
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Lot: 6,647.00 Square Feet
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Other

$1,999,888

Active Under Contract Listing ID PW23181804
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220 E 57th Street New Price! Take advantage of this great opportunity on this 10-Unit apartment building just north of Bixby Knolls in North Long Beach. Brand-new dual pane vinyl windows just installed throughout, over $30k spent, entire exterior building just painted, over $10k spent. Eight (8) One bedroom/one-bathroom units and One (1) Two-bedroom/one-bathroom unit, and One (1) Studio; all separately metered for gas and electric. Some units have been updated as they have come available. Room to increase rents on several units! $174, 418 GSI with rents, garages and laundry income. Private courtyard area with grass area, sprinklers and professionally landscaped. On-site laundry room as well as 7 garages which earn added income. (Garages are charged separately $75/garage.) Studio (10th unit) per tax records, is not permitted as a unit. If buyer desires to permit it after purchase, plans have already been submitted and approved by the city with an extension, to convert studio and 2 garage spaces, to a 516 sq/ft ADU. Also included are additional plans (not submitted to the city) to convert 4 additional garage spaces to 697 sq/ft ADU with the potential of making 57th Street a 11-unit building. ADU plans are available upon request. Please do not disturb the tenants.

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Property Features

  • Facts
  • Lot Size: 6,647.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 9
  • Cooling System: None
  • Exterior Finish: Fence, Community Features Included: Sidewalks, Street Lights, Corner Lot, Lawn, Sprinkler System
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Flat

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1999888
  • unparsedaddress: 220 E 57th Street
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90805
  • bathroomsfull: 9
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.152594123048669
  • lotsizeunits: Square Feet
  • lotsizearea: 6647
  • livingarea: 4681
  • livingareaunits: Square Feet
  • listagentfullname: Blair Newman
  • listagentemail: blair@newmanteam.com
  • listagentkey: 3yd-MRMLSCA-PNEWBLA
  • listagentmlsid: PNEWBLA
  • listagentpreferredphone: 5628226532
  • listagentofficephone: 5628091331
  • listofficekey: 3yd-MRMLSCA-0245
  • listagentstatelicense: 01459316
  • listofficemlsid: 0245
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1961
  • listingcontractdate: 2023-09-29
  • listagenturl: http://www.newmanteam.com
  • countyorparish: Los Angeles
  • parcelnumber: 7126012007
  • cooling: None
  • constructionmaterials: Stucco
  • flooring: Carpet, Vinyl
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 7
  • parkingfeatures: Assigned, Garage
  • roof: Flat
  • view: None
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • exteriorfeatures: Fence, Community Features Included: Sidewalks, Street Lights, Corner Lot, Lawn, Sprinkler System
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/1/2024 11:39:45 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Blair Newman, Berkshire Hathaway HomeServices California Properties, blair@newmanteam.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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