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2408 E 17Th St, Long Beach, CA 90804
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2408 E 17Th St Long Beach, CA 90804

$1,540,000
  • 12 Beds
  • 6 Baths
  • 5,022 Sq.Ft.
For Sale
$1,540,000 Get Pre-Qualified
Map preview of 2408 E 17Th St, Long Beach, CA 90804

Property Overview: 2408 E 17Th St Long Beach, CA has 12 bedrooms, 6 bathrooms, 5,022 living square feet and 6,401 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional investment opportunity featuring four spacious townhome-style units, each boasting 3 bedrooms and 1.5 bathrooms. Ideal for savvy investors, these well-maintained units offer a lucrative rental income potential and a prime location. The property features a large parking lot, providing ample space for up to 10 vehicles. With rents currently below market value, there is significant potential to increase rental income and maximize returns on this investment. Please respect the privacy of the tenants and refrain from disturbing them. Don't miss out on this fantastic opportunity to add a high-performing property to your portfolio. Schedule your viewing today.

Listed by Luen Song | BRE #01733206 | Coldwell Banker Realty
Last checked: 20 seconds ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 52
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Home details

Lot Sq. Ft
6,401
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24045693
City
Long Beach
County
Los Angeles
Time on Site
59 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,448
  • Total Rent: $2,448
  • Pro Forma/Market Rent: $2,348
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,280
  • Total Rent: $2,280
  • Pro Forma/Market Rent: $2,180
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $96,000
  • Net Operating Income: $67,463
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,190
  • Trash: $0
  • Insurance: $1,164
  • Water/Sewer: $1,842

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Property Details for 2408 E 17Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Up
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 7260012001
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: 17th and Junipero
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 2408 E 17Th St

Last sold for $455,000 on August 31st, 2005

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: PW24045693

    $1,540,000

    Price

  • January, 2024

  • Jan 30, 2024

    Date

    Expired

    CRMLS: PW23156111

    $1,540,000

    Price

  • Sep 11, 2023

    Date

    Active

    CRMLS: PW23156111

    $1,590,000

    Price

  • Listing provided courtesy of CRMLS

    Four townhome style, spacious units. Each unit is 3 BD/ 1.5 BA. Large parking lot accommodates up to 10 vehicles. Please DO NOT disturb tenants.

  • August, 2005

  • Aug 31, 2005

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • June, 2001

  • Jun 28, 2001

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 2408 E 17Th St

Assessed Value (2020): $455,066
Year Land Value Improved Value Assessed Value
2020 $192,888 $262,178 $455,066

Home Value Compared to the Market

This property vs the competition

2408 E 17Th St is listed 92.52% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $306.65 per/sqft which puts the price per square foot 52.38% lower than the median price per square foot for the city of Long Beach.

About 2408 E 17Th St

Detailed summary of property

2408 E 17Th St is a mixed use located in Long Beach, CA 90804 and is currently for sale. This mixed use property offers 12 bedrooms, 6 bathrooms, roughly 5,022 living square feet, and sits on an approximately 6,401 square foot lot. 2408 E 17Th St was first listed on ArdentRealEstateGroup.com on March 6, 2024. The homeowner is currently asking $1,540,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 92.52% higher than the median priced home. Local competing homes currently for sale include 9504 Telegraph Rd, 11082 Barclay Dr and 726 W 76th St. While the average home in Long Beach, CA is selling in 54 days, 2408 E 17Th St has a days on market of 52 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 2408 E 17Th St Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2408 E 17Th St

Public county record property details
Beds
12
Baths
8
Year built
1972
Sq. Ft.
5,022
Lot Size
6,401
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7260-012-001

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
47
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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