2652 2706 E 15Th Street, Long Beach, CA 90804

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Property Description

2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.


Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 2652 2706 E 15Th Street
City Long Beach
State CA
Zip 90804
County Los Angeles
Listing Agent Robert Stepp DRE #01456379
Courtesy Of Keller Williams - Santa Monica
List Price $4,600,000
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 21,717
Year Built 1929

Listing information courtesy of: Robert Stepp, Keller Williams - Santa Monica. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.