Excellent investment opportunity located west of PCH and just around the corner from Downtown Long Beach. The building has a highly desirable unit mix consisting of (4) 2 bedroom/1 bath units, with plenty of upside rent potential. There is a large enclosed yard in the back which provides plenty of room for entertainment. It is a bit of a fixer upper but has great potential. Some remodeling has been completed on the insides of the units, including beautiful tile floors and remodeled bathrooms. Situated on a 6,800 SF lot, the property would also make a perfect development opportunity to add on more units or convert into modern townhomes. If you appreciate fine arts, this property is located in a prime area of Long Beach, in close proximity to The Art Theater of Long Beach and The Museum of Latin American Art. Nearby schools include Lincoln Elementary School, Franklin Middle School, Long Beach Polytechnic High School, and Renaissance High School for the Arts. Other nearby amenities include the St. Mary Medical Center, and plenty of grocery shops and restaurants just within a few blocks.
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LYON STAHL INVESTMENT RE, INC.
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This Multi-Family home
for sale in Long Beach, CA
is currently listed for $799,999.
Featuring a lot size of 6,799 Sq. Ft.,
1057 Lewis Avenue
was built in 1924 and
has been on ERA.com for 29 days.
This listing is provided courtesy of LYON STAHL INVESTMENT RE, INC..
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Data last updated: Wednesday, October 26, 2016 at 7:57 AM. Properties in listings may have been sold or may no longer be available.