1 month on rocket

1001 20th St, Long Beach, CA, 90806

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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1001 20th St, Long Beach$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1924
MLS #SB24211287
Lot Size0.10 Acres
StatusActive

About 1001 20th St

Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 447-2213
  • Listing Agent: John Stiegler II

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: Take 405S toward Atlantic exit. Turn left on 20th st

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

1001 20th St vs Long Beach

40 DAYS ON ROCKET

+6 Days

$1,500,000

+$675.3K More

KEY TAKEAWAY

This property is $675.3K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24211287

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 447-2213
  • Listing Agent: John Stiegler II

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-975669
8
/10

  • Alvarado Elementary School

  • 1400 E 20th St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-975670
4
/10

  • Smith Elementary School

  • 565 E Hill St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-975671
7
/10

  • Signal Hill Elementary School

  • 2285 Walnut Ave

  • 0.56 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,465. Residents of Long Beach, CA typically earn less than $35k each year. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1001 20th St

What is the listing price of this property?

The listing price of 1001 20th St property is $1,500,000.

What type of property is this?

The property 1001 20th St is a condo located in Long Beach, California, 90806.

Is this property for sale now?

Active Listing: 1001 20th St is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1001 20th St is 1924.

Rocket Homes›California›Los Angeles County›Long Beach›90806›1001 20th St

This home is located at 1001 20th St in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. This home, which was built in 1924, sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,500,000.

In October 2024, from all listings sold in Long Beach, CA there were more than 94 sold above asking price, over 83 sold below and more than 35 were sold right at the asked price. The inventory of homes for sale in Long Beach, CA between September 2024 and October 2024 decreased by 0.1%. The median list price of listings available in October 2024 was $824,667, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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