1531 W 19th Street #1-6 | Los Angeles | State of California | Prices, Plans, Availability

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1531 W 19th Street #1-6

USD 1,650,000

Property ID: PW24021012

1531 W 19th Street #1-6 ,90810

6655 SqFt

Built in 1959

USD 248/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

3898

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1959

Detailed Introduction Of This Home

Outstanding opportunity to bolster your investment portfolio with this bread and butter 6 unit residential income property in West Long Beach, CA. All units are 2 bedrooms and one bathroom with updated interiors. The six units are rented with the property offering a 6.02% cap rate and 11.87 GRM based on current rents, 2023 actual expenses and an estimated new property tax amount. 12 uncovered, tandem parking spaces located in the rear of the building and a convenient onsite laundry room. Popular rental area of Long Beach with close proximity to the Port, Harbor, Terminal Island and neighboring cities such as San Pedro, Harbor City and Torrance. This property has been well maintained and self-managed by owners for over 15 years.

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