1520 W 20th Street Long Beach, CA $ 1,300,000
1520 W 20th Street
$ 1,300,000
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1520 W 20th Street

Long Beach, CA, 90810
$ 1,300,000
Bedrooms12 Baths1.0 Sq 4,104

Monthly Estimate*

$ 9,081

Listed by Marcus & Millichap RE Invest
1520 W 20th Street, Long Beach, CA 90810 - Image 1
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1520 W 20th Street, Long Beach, CA 90810 - Image 8
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1520 W 20th Street, Long Beach, CA 90810 - Image 17

Multi-Family Home for sale in Long Beach, CA

for $1,300,000 with 12 bedrooms and 1 full bath. This 4,104 square foot home was built in 1976 on a lot size of 0.15.

1520 West 20th Street is a 4-unit multifamily investment property located in Long Beach, CA. 1520 West 20th Street features exclusively spacious three-bedroom floor plans and offers property amenities including gated pedestrian access, security doors, and carport parking. Additionally, each unit features in-unit laundry hookups (tenants supply the machines). The tenants are responsible to pay for electricity and trash. The landlord is responsible to pay for water and sewer. Furthermore, current ownership has invested significant capital into the property, with 1 fully renovated unit, 2 partially renovated units, and a new roof for the carport structure. Situated in Westside Long Beach, 1520 West 20th Street benefits from its close proximity to parks, schools, and major transportation routes. The property offers walkable access to highly desirable area amenities for families including Cabrillo High School and Admiral Kidd Park. Additionally, 1520 West 20th Street’s close proximity to Interstate 710 provides convenient access to the Ports of Long Beach and Los Angeles, two major employment hubs for the region. Furthermore, the property is located just over 2 miles from the plethora of retail, dining, and entertainment options in Downtown Long Beach. 1520 West 20th Street is available for purchase separately or in conjunction with 1526 West 20th Street.

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Multi-Family Pending

Price

$ 1,300,000

Bedrooms

12

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.15

Year Built

1976

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC24070912

Days on Market

34

Features
General
Sewer PublicSewer
Zoning LBR2N
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1976
Stories 2
Levels Two
Property SubType Apartment
Gross Income 104208.0
Community Features Curbs Gutters Sidewalks
County Los Angeles
Net Operating Income 71869.0
Operating Expense 29213.0
Insurance Expense 5000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions Cross Streets of West 20th Street & Caspian Avenue
City Long Beach
Entry Location First level
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 699 - Not Defined
Lot Size Square Feet 6534.0
Private Pool N
Waterfront Y/N N
Carport Spaces 4.0
Carport Y/N Y
Street Name 20th
Listing Terms Cash Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 443.0
Home Warranty Y/N N
Fuel Expense 443.0
Trash Expense 443.0
Water Sewer Expense 444.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 7
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 13
Property Sub Type Additional Apartment
Taxes 16176.0
Cap Rate 5.53
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Exterior
Lot Features StreetLevel
Water Source Public
Total Parking 4.0
Lot Size Area 0.15
Number of Buildings 1
Spa N
Building Area Total 4104.0
Lot Size Acres 0.15
Lot Size Units Acres
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1520
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

(714) 713-9086

Phone

Affordability Calculator

$9,081
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,300,000 Listed Price

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1520 W 20th Street, Long Beach, CA, 90810 is a Multi-Family Home for sale at $1,300,000 with 4,104 sqft and a lot size of 0.15. 1520 W 20th Street has 12 bedrooms, 1.0 baths, and was built in 1976. The property's zip code is 90810 which is in Long Beach, CA