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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 1,399,000

Est. payment -/mo

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Active Under Contract

1956 San Francisco AVE Long Beach, CA 90806

6,372 Sqft Lot

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25035560

HOA Y/N No

Year Built 1955

Lot Size 6,372 Sqft

Property Sub-Type Apartment

Property Description

1956 San Francisco Ave, is a well-maintained and professionally managed multi-unit property in Long Beach presents a prime investment opportunity with significant rental upside. Boasting a high square footage count, the building offers spacious units and a functional layout, making it an attractive choice for tenants and investors alike. The property features seven existing units, with the potential to legalize an eighth unit, providing additional income possibilities. Units are modernized upon turnover, with upgrades including LVT flooring replacing carpet, and each unit comes equipped with a stove and refrigerator. Key amenities include: Four garages (two rented separately, two used by owner-occupied units) Street parking available, On-site laundry facility (machines owned by vendor, contracted with All Valley) Trash dumpster on-site, New hot water heater (2024), Lawn sprinkler system and a re-tarred roof and exterior painting within the past 10 years.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Interior

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7202028026

Energy Description 2293.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Philip DeMatteo • First Team Real Estate • 562-254-6883

Nicole Darwin

Advisor

+1(707) 330-4357

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