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$1,150,000
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Property Description
Back on market after buyer unable to perform. Prime investment opportunity for a savvy investor! The property is now priced under $225,000 per unit, situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School.
This meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants.
This excellent value-add opportunity boasts a huge upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively under $225,000/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
Full Property Details
Full Property Details for 2123 W Columbia St
General
- Sold For: $1,150,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB24066151
- Added to Site: 714 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area, Community, Dryer Included, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: 11 - Westside
- County: Los Angeles
- Development Name: 11 - Westside
- Driving Directions: W Columbia Street
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: Street
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,338
- Year Built: 1946
Lot Features
- Property View: Neighborhood, Park/Greenbelt
- Lot Size (Acres): 0.213
- Lot Size Source: Assessor
- Zoning: LBR1N
- Lot Description: Back Yard, Cul-de-Sac, Front Yard, Garden, Lawn, Park Nearby, Yard
Financial Considerations
- Price Per Sq. Ft.: $344.52
- Price Per Unit: 224833
Listed and Sold by Buckingham Investments, Inc, Christopher Crosby
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Schools
Schools serving 2123 W Columbia St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Webster Elementary School, Long Beach, CA 1755 West 32nd Way, Long Beach, CA 90810 | K-5 | 0.5 mi |
Stephens Middle School 1830 West Columbia Street, Long Beach, CA 90810 | 6-8 | 0.1 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2123 W Columbia St
Date
Details
Price
Change
Source
10/11/2024
Sold
$1,150,000
-14.75%
MLS
8/05/2024
Price Reduced
$1,349,000
-3.3%
MLS
6/24/2024
Price Reduced
$1,395,000
-2.11%
MLS
5/28/2024
Price Reduced
$1,425,000
-4.04%
MLS
5/06/2024
Price Reduced
$1,485,000
-4.5%
MLS
4/03/2024
Listed
$1,555,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2123 W Columbia Street, Long Beach, CA 90810 (MLS# SB24066151) is a Multi-Family property that was sold at $1,150,000 on October 11, 2024. Want to learn more about 2123 W Columbia Street? Do you have questions about finding other Multi-Family real estate for sale in Westside? You can browse all Westside real estate or contact a Coldwell Banker agent to request more information.

