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607 E 59th Street

Long Beach, CA 90805

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Michele Kreinheder
Real Estate Group
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Description

NO RENT CONTROL !!! This incredible 4 units mix use investment opportunity is a CORNER LOT and shows two separate buildings, one commercial and the other totally residential...
TWO units located on Atlantic Ave (5900 Atlantic Ave rented for $1200/M and 5902 Atlantic Ave is been use by the owners for the past 15 years, rent of $1500 is estimated). This building has a brand new ROOF
The second building contains 2 read more residential units having address on 59th ST (607 E. 59th ST is a 3 beds/2bath house rented for $1875/M and 607 1/2 is a 1 bed/1bath unit rented for $1200/M).
The brand new Michelle Obama Library is right in front with City plans to start new construction. Beautiful opportunity to acquire a cash flow property located on an upcoming area. Facing a very busy street with over 10,000 cars passing by day which make it a perfect place to own your business and even live on the house on the back.
Most office equipment is included on the sale!!!

Key Details

Property Info

  • Cost: $749,900
  • Property Sub-Type: Commercial Sale
  • Built In: 1940
  • MLS #: PW18126851

Location

607 E 59th Street Long Beach, CA 90805
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Agent

Michele Kreinheder
Real Estate Group
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Listing Providers

This listing is courtesy of the listing agent Juan Andrade (#PANDJUAN), with the office A Plus Realty 8 Financing.

Copyright 2019 California Regional Multiple Listing Service (CRMLS). The information is being provided by California Regional Multiple Listing Service. This information is believed to be accurate but is not guaranteed Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of California Regional Multiple Listing Service. Last updated on May 24th, 2019.

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Michele Kreinheder
Real Estate Group
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