1755 Sherman, Long Beach, CA 90804

$2,999,999

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List Price
$2,999,999
Status
ACTIVE
MLS#
DW26165133
Year Built
1987
Lot Size
8,514
Acres
0.20
Lot Location
Level, Paved, Rectangular Lot
Days on Market
2
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Neighborhood
Eastside (Es)

Property Description

Rare opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.

Additional Information

Pool Description
None
Garage Spaces Total
16
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
12

Listing courtesy of Listing Agent: Jeanet Salazar (jeanet.salazar@gmail.com) from Listing Office: J A T S Enterprises, Inc..

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.