Long Beach, CA 90813,426 E 17th Street
Long Beach, CA 90813,426 E 17th Street
Long Beach, CA 90813,426 E 17th Street
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$1,755,000
Est. payment /mo
5,270 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,270 sqft

Price per Sqft $333

MLS Listing ID CRPW25135860

HOA Y/N No

Year Built 1923

Lot Size 7,427 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.62%cap rate and 9.79 GRM based on current rents, the asset offers strong in-place income with additional upside. The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly constructed accessory dwelling units: (1) 1-bed/1-bath ADU and (1) studio ADU, both completed in 2024/2025. Five of the 10 units have been fully renovated with modern flooring, updated kitchens and bathrooms, and designer fixtures and finishes. Additional property highlights include new electrical panels and a classic bungalow layout that appeals to tenants seeking charm and privacy. Ideally located, the property boasts a Walk Score of 84—“Very Walkable”—with most daily errands easily accomplished on foot. Additionally, the property is just a four-minute walk to the Metro A Line (Blue) at the Pacific Coast Hwy Station, offering convenient transit access throughout Long Beach and the greater Los Angeles area.

Location

State CA

County Los Angeles

Zoning LBPD

Interior

Fireplace No

Laundry No Hookups

Building

New Construction No

Others

Tax ID 7269022021


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Bridge MLS
Listed by Robert Stepp • Keller Williams Realty Downey

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426 E 17th Street