$1,299,000 - 1116 E 16th Street, Long Beach

  • 9Beds
  • 6Baths
  • 0SQ. Feet
  • 0.15Acres

High cash flow and easy to manage. Ideal investment property. Long term tenants. Full rent collection throughout the pandemic. The stability every investor is looking for. The subject property has a 3 bedroom/2 bathrooms detached home in the front. Rear building has one 4 bedrooms/ 2 bathrooms at the lower level and two 1 bedroom/1 bathroom units at upper level. On site parking spaces. Property sold as is. Buyer to verify all information, not limited to unit counts and unit size and total sf. Interior viewing subject to accepted offer.

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Sales Agent

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

Essential Information

  • MLS® #:WS22182162
  • Price:$1,299,000
  • Bedrooms:9
  • Bathrooms:6.00
  • Acres:0.15
  • Year Built:1910
  • Type:Residential Income
  • Sub-Type:Quadruplex
  • Status:Closed
  • Listing Agent:Herbert Hwang
  • Listing Office:ILLUMINANT PROPERTIES

Community Information

  • Address:1116 E 16th Street
  • Area:9 - Poly High
  • Subdivision:Poly High (PH)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Utilities:Electricity Connected, Natural Gas Connected, Water Connected
  • Parking Spaces:4
  • Parking:Assigned
  • Garages:Assigned
  • View:None
  • Pool:None

Interior

  • Interior:Laminate, Tile
  • Heating:Wall Furnace
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:6-10 Units/Acre
  • Roof:Asbestos Shingle, Composition, Flat

Additional Information

  • Date Listed:August 19th, 2022
  • Days on Market:63
  • Zoning:LBR34
  • HOA Fees:0.00

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 6:30pm 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.