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$1,295,000
76 Days Online

2241 Earl Avenue
Long Beach, CA 90806

For Sale|Multi-Family|Active
Subdivision:
Wrigley Area (Wr)
County:
Los Angeles
Listed by Robert Stepp of Keller Williams - Santa Monica

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2241 Earl Avenue2241 Earl Avenue2241 Earl Avenue2241 Earl Avenue
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Monthly Payment (Est.)

$5,908
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2241 Earl Avenue is a 5-unit investment asset in the up- and-coming South East Wrigley neighborhood, just north of Downtown Long Beach. The property features one 2 BD/ 1 BA unit and four 1 BD/1 BA units, all with interior renovations and upgrades, including new kitchens and bathrooms. New exterior paint provides a fresh look. Parking and laundry facilities provide income and there is potential to add parking and increase revenue. The buiilding is located just 10 minutes (under three miles) from Downtown Long Beach and less than one mile to the 710 freeway. 2241 Earl Avenue provides an investor with a fully-rented, stabilized asset with strong in-place cash flow. Additional revenue and upside can be achieved by adding parking. The current loan is assumable: the loan is approximately $777,000 (60% LTV) fixed at 3.57% until November 2023.

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Listing Snapshot
Price 
$1,295,000
Days Online 
76 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,730 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1335 Acres
Year Built 
1947
MLS Number 
PW22206723
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoPrice changed to $1,295,000
3 months agoListing first seen online
General Features
Parking Spaces 
3
Sewer 
Public Sewer
Acreage 
0.1335
Water 
Public
Garage Spaces 
0
Zoning 
LBR2N
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Item25 Units Acre
Community Features
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
5 - Wrigley Area


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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