• 1224 E 17th Street, Long Beach CA: https://media.crmls.org/medias/9ff600e8-a529-42b5-8fc3-5406f1473e90.jpg
  • 1224 E 17th Street, Long Beach CA: https://media.crmls.org/medias/f13a91eb-5e60-4f69-9fdc-5ed44446b333.jpg
  • 1224 E 17th Street, Long Beach CA: https://media.crmls.org/medias/3981348d-0de3-41b3-925f-30f56f701201.jpg

1224 E 17th Street, Long Beach, CA 90813

| 5,016 SQ/FT

Offered at $1,990,000

Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.