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Key Details
Sold Price $3,525,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision ,Poly High (Ph)
MLS Listing ID SB23188825
Sold Date 05/22/24
HOA Y/N No
Year Built 1923
Lot Size 0.404 Acres
Property Description
Price Adjustment! 345 E 20th St in Long Beach is a great investment opportunity for local investors or 1031 exchange clients alike. The 23 units have been upgraded both on the interior and exterior. The upgrades include but are not limited to the roof being replaced within the last 10 years, a majority of the plumbing being replaced, and each unit being heavily remodeled in the last 5 years. The subject property currently has 4 private garages and an onsite laundry room, both which provide additional income. 345 E 20th St boasts a strong walk score of 95 due to the extremely convenient distance between grocery stores as well as dining and entertainment options.
Location
State CA
County Los Angeles
Area 9 - Poly High
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7209011018
Energy Description 4500.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935