2408 E 17th Street, Long Beach, CA 90804
- $1,470,000
- Sold Price
- $1,470,000
- List Price
- $1,540,000
- Closing Date
- Mar 27, 2026
- Status
- CLOSED
- MLS#
- PW26016842
- Year Built
- 1972
- Lot Size
- 6,401
- Acres
- 0.15
- Lot Location
- Rectangular Lot, Street Level
- Days on Market
- 7
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Neighborhood
- Eastside (Es)
Property Description
2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity. Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market. Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit—a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Up
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $85,176
- Operating Expense
- 5783
Listing courtesy of Listing Agent: Luen Song (write.luen@gmail.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Rady Math from GML Homes, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.