$399,999
Welcome to 1230 N. Saint Mary’s in Long Beach, a prime investment opportunity in a highly desirable Saint Mary’s location. This 2 bedroom, 1 bathroom single family residence offers exceptional upside potential for both investors and owner users looking to create value. The property is currently tenant occupied with long term, reliable tenants, providing immediate income stability while you plan future improvements. With the right renovations and updates, this home presents a strong opportunity to build instant equity and significantly increase overall value. Situated on a generously sized lot, there is ample space to accommodate parking for 4 to 5 vehicles, a rare and valuable feature in this area. The layout and lot size may also lend themselves to additional possibilities for expansion or reconfiguration, adding to the property’s long term appeal. Located in the heart of Saint Mary’s hospital area, the home offers convenient access to public transportation, major commuter routes, shopping, dining, and local amenities, making it an attractive option for tenants and future occupants alike. Priced to reflect its current condition, this is an excellent opportunity for investors seeking a value add property with strong fundamentals, reliable tenancy, and significant upside in a sought after Long Beach neighborhood. This home may only qualify for a cash sale or FHA 203K.
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Listed by Erik Kaiser with RE/MAX TerraSol (714) 536-6529
Property Type
Single Family Residence
Status
Active
MLS Number
OC26091372
Year Built
1934
Lot Size
3,267 sq ft