$1,195,000 - 1830 Willow Street, Long Beach

  • 6Beds
  • 6Baths
  • 0SQ. Feet
  • 0.08Acres

1830 W Willow Street is a 3,250 SF 6-Unit property on a 3,618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:SB24086970
  • Price:$1,195,000
  • Bedrooms:6
  • Bathrooms:6.00
  • Acres:0.08
  • Year Built:1962
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Active Under Contract
  • Listing Agent:Brett Lyon
  • Listing Office:Lyon Stahl Investment Real Estate, Inc.

Community Information

  • Address:1830 Willow Street
  • Area:11 - Westside
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90810

Amenities

  • Pool:None

Interior

  • # of Stories:2

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:May 1st, 2024
  • Days on Market:15
  • Zoning:LBCCR

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Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 11:55pm 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.