Long Beach, CA 90805,3400 E Andy Street
Long Beach, CA 90805,3400 E Andy Street
Long Beach, CA 90805,3400 E Andy Street
$1,250,000
Est. payment /mo
$1,249,000
0.1%
Est.Price: ?

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9 Beds
8 Baths
5,643 Sqft Lot
SOLD DATE : 04/18/2025

Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS25029580

Sold Date 04/18/25

Bedrooms 9

HOA Y/N No

Lot Size 5,643 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

A Prime Investment Opportunity in the heart of Long Beach. This exceptional multi-family property, located at 3400 E Andy Street in Long Beach, presents a lucrative investment opportunity. Well-maintained building that encompasses four spacious townhouse-style units, totaling approximately 5,175 square feet of living space on a 5,643 square foot lot. The complex includes one (1) 3-bedrooms + 1.5 baths unit and three (3) 2-bedrooms + 1.5 bath units. Each unit offers generous living areas of approximately 1,300 square feet. The property is generating a whopping $7575 gross rent per month. All the apartments feature in-unit laundry hookups with private patios and balcony, enhancing tenant convenience and appeal. The townhouse-style layout provides a desirable living arrangement, offering tenants a sense of privacy and space. The property has easy access to shopping (1 mile from Lakewood Mall), grocery, hospital (walking distance), schools and freeway. Situated in a sought-after rental area, this property has a history of strong occupancy rates. The combination of spacious units, in-demand amenities, and prime location makes it an attractive option for investors seeking long-term steady passive rental income and potential appreciation.
A Prime Investment Opportunity in the heart of Long Beach. This exceptional multi-family property, located at 3400 E Andy Street in Long Beach, presents a lucrative investment opportunity. Well-maintained building that encompasses four spacious townhouse-style units, totaling approximately 5,175 square feet of living space on a 5,643 square foot lot. The complex includes one (1) 3-bedrooms + 1.5 baths unit and three (3) 2-bedrooms + 1.5 bath units. Each unit offers generous living areas of approximately 1,300 square feet. The property is generating a whopping $7575 gross rent per month. All the apartments feature in-unit laundry hookups with private patios and balcony, enhancing tenant convenience and appeal. The townhouse-style layout provides a desirable living arrangement, offering tenants a sense of privacy and space. The property has easy access to shopping (1 mile from Lakewood Mall), grocery, hospital (walking distance), schools and freeway. Situated in a sought-after rental area, this property has a history of strong occupancy rates. The combination of spacious units, in-demand amenities, and prime location makes it an attractive option for investors seeking long-term steady passive rental income and potential appreciation.

Location

State CA

County Los Angeles

Area Long Beach (90805)

Zoning Appraiser

Interior

Cooling Wall/Window

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Vibhor Vineet • Nanda Realty Inc.
Bought with Vibhor Vineet • Nanda Realty Inc.
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+1(858) 753-3353

kobezimmerman@bhhscal.com

Serving San Diego County, United States

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