Long Beach, CA 90813,529 W 10th
$1,500,000
Est. payment /mo
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3,616 SqFt
New

529 W 10th Long Beach, CA 90813

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $414

MLS Listing ID CRPW25256072

HOA Y/N No

Year Built 1928

Lot Size 7,752 Sqft

Acres 0.18

Property Sub-Type Other

Property Description

We are pleased to present 529 W 10th Street, a meticulously renovated five-unit property on a large 7,750 square foot lot located just minutes from Downtown Long Beach. The property is comprised of a spacious four bed/two bath house along with two duplexes, each featuring one bed/one bath units. Over $320,000 has been invested in exterior/interior renovations and system upgrades with no expense spared. Improvements include a newer roof, PEX plumbing throughout, new electrical subpanels along with the complete interior remodel of every unit-delivering a true turnkey investment. The detached front house has three surface spaces- a rarity for the area. The two duplex tenants enjoy a total of four spaces (two tandem) in the garage area- a premium for the area! A detached two-car garage sits at the rear of the property, providing an excellent opportunity for conversion into an ADU and the ability to expand the footprint up to two stories via SB-1211. With a sub-$500,000 down payment required and the potential to achieve close to a 6% cash-on-cash return, 529 W 10th Street presents an exceptional opportunity for both smaller 1031 exchange buyers and local investors seeking a high cashflow low maintenance property for years to come .

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Building

New Construction No

Others

Tax ID 7272008023


Bridge MLS
Listed by Jackson Jorgensen • Younglewin Advisors, Inc.

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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529 W 10th