4130 E 10Th Street

Long Beach, CA 90804

PRICE REDUCED

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-$200,000 (-7.42%)

$2,495,000

List Price

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1953

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Property Description

4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered for gas and electricity and has an in-place RUBS program. The property is located nearby to Recreation Park Golf Course and Colorado Lagoon which offer various outdoor activities. Additionally, the property is located less than two (2) miles to California State University Long Beach, which has a student population of 37,500 and employed faculty of 2,000. 4130 E. 10th Street provides a new owner with strong in-place cash flow with the opportunity to remodel the remaining four (4) units.

Listing Information

List Price $2,495,000
Status Active
MLS PW23051127
Type Residential Income
Subtype Mixed Use
Year Built 1953
Lot Size 5,864
Structure Size N/A
DOM 521
Courtesy Of Keller Williams - Santa Monica
Listing Agent Robert Stepp DRE#01456379

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Robert Stepp, Keller Williams - Santa Monica . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 30th, 2024 at 4:41 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.