509 E 21st Street, Long Beach, CA 90806

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Listing courtesy of Listing Agent: Omar Carrasco (ocmortgagerep@gmail.com) from Listing Office: MOSO Real Estate.

List Price
$1,375,000
Status
ACTIVE
Days on Market
2
MLS#
OC26242778
Subtype
Residential Income
Year Built
1929
Lot Size
4,812
Acres
0.11
Subdivision
Wrigley Area (Wr)
Neighborhood
Wrigley Area (Wr)
MLS Area Major
Wrigley Area (5)

Property Description

INVESTOR & BUILDER OPPORTUNITY IN CENTRAL LONG BEACH! Fire-damaged 4-unit property acquired uninhabitable and now well into a full renovation. The front 2 units are approx. 70% complete and have been reconfigured from 1bd/1ba to 2bd/1ba each, with new electrical and plumbing. The back 2 units are approx. 60–65% complete with new electrical and plumbing. A brand-new electrical service is in place with 7 meters, including 2 meters ready for future ADUs. The 3-car garage is slated for demolition to make way for 2 stacked 2bd/1ba ADUs (approx. 694 sq ft each), turning this into a potential 6-unit income property. The heavy lifting is done: finish the units, build the ADUs, and add value. Close to Long Beach Blvd, shopping, transit, and major freeways. Sold as-is. Buyer to verify all permits, plans, and square footage.

Additional Information

Pool Type
None
Garage Spaces
3

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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.