Property Description
2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity.
Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market.
Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit--a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify).
All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market.
Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit--a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify).
All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
Overview
Property Type
Multi-family
Location
2408 E 17th Street, Long Beach, CA 90804
Zoning
LBR2N
MLS ID
PW26016842
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
0
Other Interior Features
All Bedrooms Up
Exterior
Stories
2
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool
None
Lot Features
Rectangular Lot, Street Level
Heat Type
Wall Furnace
Air Conditioning
None
Sewer
Public Sewer
Details
Total Area
5,022 Sq.Ft.
Financial
Price
$1,470,000
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