932 E 23rd St - Multi-Family FOR SALE


Long Beach, CA 90806
$849,000 USD
424-558-0476
932 E 23rd St, Long Beach, CA for Sale
$849,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

932 E 23rd St
Long Beach, CA 90806


OVERVIEW

Nestled in the heart of central Long Beach, this fantastic duplex (plus a bonus room!) sits on a spacious lot with an oversized 4-car garage (approx. 700 sq. ft.), offering both versatility and strong investment potential. The front unit is currently tenant-occupied and features 2 bedrooms and 1 bathroom, approximately 950 sq. ft., and has been tastefully updated with vinyl flooring, an updated bathroom, and improvements in the kitchen. The second unit offers 1 bedroom and 1 bathroom and is vacant—ideal for an owner-user or immediate rental income. An additional bonus room with its own entry (approx. 168 sq. ft.) in the rear adds even more flexibility. This is an investor’s dream opportunity. The large lot and oversized garage offer potential for ADU expansion (buyer to verify), maximizing both value and income potential. Centrally located, the property is just minutes from downtown Long Beach, Shoreline Village, Alamitos Beach, local transit, shopping, schools, and more!

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$447 USD /SF

# OF UNITS

2

PRICE/UNIT

$424,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7211-015-016

ASK ABOUT THIS PROPERTY

Nicole PletkovichKeller Williams Realty L.A. HarborMore Info
424-558-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nicole PletkovichKeller Williams Realty L.A. HarborMore Info
424-558-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.