1956 San Francisco Avenue

Long Beach, CA 90806

$1,399,000

List Price

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1955

calendar_month Built

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.

Listing Information

List Price $1,399,000
Status Active
MLS PW25035560
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1955
Lot Size 6,373
Structure Size N/A
Courtesy Of First Team Real Estate
Listing Agent Philip DeMatteo DRE#01384378

Interior Features

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Fireplace Information
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Maps

home_work Nearby Properties

Listing information courtesy of: Philip DeMatteo, First Team Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 21st, 2025 at 2:07 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.