$1,599,000 - 1000 10th Street, Long Beach
- 14Beds
- 7Baths
- 0SQ. Feet
- 0.12Acres
We are pleased to present 1000 E 10th St in Long Beach. This 7 unit apartment building consists of (7) 2 bedroom, 1 bathroom units which have been updated and converted into higher density dwelling units. Privacy walls and doors have been added to accommodate an additional bedroom in each unit. A total of 21 bedrooms are possible to rent out, and currently 11 of those bedrooms are actively rented. There is a possibility of delivering 4 out of the 7 units vacant. This property has a total of 5,340 sqft of livable space, situated on a 5,227 sqft lot. The owners have formed authentic relationships with local government, law enforcement, and various low-income programs such as the General Relief Housing Subsidy and Case Management Programs in order to maintain a reliable resource for tenants. The property is located in close proximity to the Metro Blue Line train station and various bus routes providing excellent public transportation. This property is also located in an Opportunity Zone allowing for potential developments and substantial tax benefits for new buyers. Development in this area would coincide with the Long Beach Downtown Plan as well as the Opportunity Zone social impact principles. Buyer to verify.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:SB24010441
- Price:$1,599,000
- Bedrooms:14
- Bathrooms:7.00
- Acres:0.12
- Year Built:1927
- Type:Residential Income
- Sub-Type:Apartment
- Status:Active
- Listing Agent:John Stiegler Ii
- Listing Office:Lyon Stahl Investment Real Estate, Inc.
Community Information
- Address:1000 10th Street
- Area:699 - Not Defined
- City:Long Beach
- County:Los Angeles
- Zip Code:90813
Amenities
- Pool:None
Interior
- # of Stories:2
Exterior
- Lot Description:Rectangular Lot
Additional Information
- Date Listed:January 18th, 2024
- Days on Market:100
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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 2:50pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.