1830 W Willow Street Long Beach, CA ^$ 1,195,000

1830 W Willow Street

^$ 1,195,000

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Recently Listed

1830 W Willow Street

Long Beach, CA, 90810

^$ 1,195,000

Bedrooms6 Baths6.0 Sq 3,250

Monthly Estimate*

^$ 8,347

Listed by Lyon Stahl Investment Real Estate, Inc.

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Multi-Family Home for sale in Long Beach, CA

for $1,195,000 with 6 bedrooms and 6 full baths. This 3,250 square foot home was built in 1962 on a lot size of 0.0831.

1830 W Willow Street is a 3,250 SF 6-Unit property on a 3,618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.

Multi-Family Active

Price

^$ 1,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.0831

Year Built

1962

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB24086970

Days on Market

Features

General

Sewer PublicSewer

Zoning LBCCR

Garage Spaces 0.0

Pool Features None

Year Built 1962

Property SubType MixedUse

Gross Income 107304.0

Community Features Biking

County Los Angeles

Net Operating Income 64413.0

Operating Expense 37526.0

Insurance Expense 4036.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions 1 parcel east of Seabright Ave & Willow St

City Long Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area 11 - Westside

Lot Size Square Feet 3618.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Willow

Listing Terms Conventional

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 12

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 2

Property Sub Type Additional MixedUse

Expected Active Date 2024-05-01

Taxes 15918.0

Exterior

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 3618.0

Number of Buildings 1

Spa N

Building Area Total 3250.0

Lot Size Acres 0.0831

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1830

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 706-4066

Phone

Affordability Calculator

$8,347

Per Month

Monthly Principal & Interest: $8,347
Monthly Property Taxes: --
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

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,100,298

Percent of Sale Price 76%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,195,000		Listed Price

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1830 W Willow Street, Long Beach, CA, 90810 is a Multi-Family Home for sale at $1,195,000 with 3,250 sqft and a lot size of 0.0831. 1830 W Willow Street has 6 bedrooms, 6.0 baths, and was built in 1962. The property's zip code is 90810 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/21/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1830 W Willow Street

Multi-Family Home for sale in Long Beach, CA

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