1224 E 17th Street, Property Listing: MLS® #PW25074352

Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.

1224 E 17th Street, Property Listing: MLS® #PW25074352 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25074352
  • 1224 E 17th Street
  • , CA 90813
  • $1,990,000
  • 0.18 Acres
  • Office: Re/max College Park Realty

Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.

Supplemental Remarks

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Essential Information

  • MLS® #PW25074352
  • Listing Price$1,990,000
  • Original Listing Price$1,990,000
  • Date ListedApril 10th, 2025
  • Days on Market6
  • Bathrooms0.00
  • Acres0.18
  • Lot Sq.Ft.7,790
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$87

Community Information

  • Address1224 E 17th Street
  • AreaLONG BEACH (90813)
  • CountyLos Angeles
  • StateCA
  • Zip Code90813

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on May 10th, 2025 at 3:53pm PDT.