Property Description
2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.
Features
: Laundry Room
Address Map
CA
Los Angeles
Long Beach
90804
2652 E 15th Street
0
W119° 50' 24''
N33° 47' 9.6''
E Anaheim St
MLS Addon
Keller Williams Realty Downey
Robert Stepp
rstepp@steppcommercial.com
CR385776
CR10301893
Commercial Sale For Sale
2652 E 15th Street, Long Beach, California 90804
7,440 Sqft
$4,600,000
Listing ID #CRPW23229203
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRPW23229203
Price : $4,600,000
Square Footage : 7,440 Sqft
Year Built : 1929
Lot Area : 21,717 Sqft
Status : Active
Property SubType : Other