2922 E 15th ST, Long Beach, CA 90804
2922 E 15th ST, Long Beach, CA 90804
2922 E 15th ST, Long Beach, CA 90804
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$1,200,000
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5,009 Sqft Lot
Active Under Contract

2922 E 15th ST Long Beach, CA 90804

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Memorial Dinh

Memorial Dinh

+1(562) 253-9034

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID PW26171369

HOA Y/N No

Year Built 1960

Lot Size 5,009 Sqft

Property Sub-Type Apartment

Property Description

Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots behind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Heating See Remarks, Wall Furnace

Cooling See Remarks

Flooring Carpet, Tile, Vinyl

Fireplaces Type None

Fireplace No

Laundry Laundry Room, Outside

Exterior

Exterior Feature Lighting

Parking Features On Site, Off Street, Tandem, Unassigned, Uncovered

Fence Wood

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Flat

Accessibility None

Total Parking Spaces 10

Private Pool No

Building

Lot Description Front Yard, Near Public Transit, Rectangular Lot, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7259025012

Security Features Carbon Monoxide Detector(s),Key Card Entry,Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kendra Miller Keller Williams Coastal Prop. kendramiller@kw.com, DRE #01396646

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Memorial Dinh

Memorial Dinh

Agent | License ID: 02066757

+1(562) 253-9034

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2922 E 15th ST