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266 E 25th Street

Long Beach, CA 90806
  • $1,995,000
  • STATUS: Active Under Contract
  • ON SITE: 114 Days
  • ID#: 24455763
Under Contract
UPDATED: 49 min ago
$1,995,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Jacqueline Knoll of Coldwell Banker Realty (310-777-6200)


Description

Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T11:27:27.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/157088806
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266 E 25th Street Long Beach, CA 90806

  • Price: $1,995,000
  • Status: Active Under Contract
  • On Site: 114 Days
  • Updated: 49 min ago
  • ID#: 24455763
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1959
Built
Neighborhood:
5 - Wrigley Area
County:
Los Angeles
Area:
5 - Wrigley Area
Property Description
Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.
Exterior Features

Parking Total 6

Interior Features

Heating ElectricRadiant Heating YN Yes

Property Features

Association Fee 0 Cap Rate 5.01 Community Features Gated Electric Expense 900 Insurance Expense 2300 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 12200 Net Operating Income 101022 Security Features Gated Community Special Listing Conditions Standard Trash Expense 3850 Zoning LBR2N



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T11:27:27.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Jacqueline Knoll of Coldwell Banker Realty (310-777-6200)