Listing Detail

241 E 25th St, Long Beach, CA

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Investment Highlights

  • Single-Story Triplex With All Two-Bed/One-Bath Units, Garage Parking, and In-Unit Laundry Hookups

  • New Investor May Want to Explore ADU Development Potential

  • Nine Percent Rental Upside

  • Walking Distance to an Albertson’s, Starbucks, CVS, the Metro Blue Line, and Many Dining Options (WalkScore: 88)

  • Offered Along With the Adjacent Duplex at 233 East 25th Street | Properties May Be Acquired Separately or Together

241 E 25th St

Long Beach, CA

3

Units 

$995,000

List Price

$498

Price/SF

4.27%

Cap Rate

Investment Overview

*IN ESCROW*


The Bogie Group of Marcus & Millichap is pleased to present to market 241 East 25th Street, a triplex in Long Beach, California. The property is a single-story, 1956 construction with all two-bedroom/one-bath units, in-unit laundry hookups, and garage parking. This asset’s great location, desirable unit mix, and potential for ADU development make it a great investment opportunity in a strong rental market.

Located near the intersection of Long Beach Boulevard and Willow Street, 241 East 25th Street boasts convenient proximity to retail and is within walking distance of an Albertson’s, Starbucks, CVS, Wells Fargo, Carl’s Jr., McDonald’s, L&L Hawaiian Barbecue, and more. This commuter-friendly location is also within easy walking distance of the Metro Blue Line and a mile from both the 710 and 405 freeways.

241 East 25th Street is offered as part of a portfolio along with the adjacent duplex at 233 East 25th Street. Properties may be acquired separately or together.

Download Offering Memorandum

Exclusively listed by

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Steve "Bogie"Bogoyevac

Senior Managing Director Investments

License: CA 01332755

(562) 257-1231

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