Long Beach, CA 90804 2122 E 10th Street
$1,699,000
6 more
Presented By: Xinyao Ren with Pinnacle Real Estate Group; 626-624-9072
Beds • 11
Baths • 6
SQFT • 3,658
Garage • 2
Year Built • 1963
Home Details
Exceptional Investment Opportunity in Prime Long Beach Location! Low-maintenance property, ideal for both new and seasoned investors for adding to their real estate portfolio. This fourplex features 1 bedroom & 1 bath unit, 4 bedroom & 2 bath unit with garage, 3 bedroom & 2 baths unit with garage, and 3 bedroom & 1 bath unit, a well mixture of unit sizes to maximize the income possibility, and generating an impressive annual gross income of $132,000, boasting one of the most profitable fourplexes on the market. This property has undergone a remodel in 2021 with attention to detail to offer an added value to the property. Conveniently located close to stores, restaurants, public transportation, and easy access to the Pacific Coast Hwy and freeways, this is a property that delivers a perfect opportunity for immediate cash flow!
Presented By: Xinyao Ren with Pinnacle Real Estate Group; 626-624-9072
Interior Features for 2122 E 10th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesOutside
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 2122 E 10th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Sidewalks
CoolingNone
CountyLos Angeles
Current FinancingConventional
DirectionsSouth of Pacific Coast HWY / East of Cherry Avenue / North of E. 7th Street
ElectricElectricityOnProperty
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2025-02-14
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income132000.0
HOANo
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense1300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet3250.0
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income114405.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense22995.0
Pool FeaturesNone
PossessionSeeRemarks
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot1
Tenant PaysElectricity, ParkingFee
Total Actual Rent11350.0
Trash Expense2640.0
UtilitiesElectricityAvailable, NaturalGasAvailable, Other, SewerConnected, WaterConnected
Water Sewer Expense1824.0
Waterfront Y/NNo
Year Built1963
Year Built SourceOther
ZoningLBR1N
Exterior for 2122 E 10th Street
Building Area Total3658.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.0746
Lot Size Area3250.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking2.0
Water SourceOther
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,699,000
MLS#OC25029958
List Date
02/13/2025
Property Type
Multi-Family
Phone
(562) 537-4182
