$1,650,000
426 E 17th Street is a 10-unit apartment building in Long Beach’s Poly High neighborhood, aggressively priced at $1,650,000—just $165,000 per unit, 8.99 times gross income, and a 7.15% cap rate based on current income. The property features (5) 1bed/1bath units and (5) studios, including two newly constructed ADUs, along with new main electrical panels. The property offers easy access to Downtown Long Beach, local schools, the Metro line, and newer shopping centers.
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Listed by Peggy French with Peggy French, Broker
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Listed by Kristen Mussenden with Buckingham Investments, Inc
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Listed by Tyler Leeson with Marcus & Millichap RE Invest
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Listed by Tyler Leeson with Marcus & Millichap RE Invest