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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. 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.
Last Updated | 2/19/2025 | Tract | North Long Beach (NLB) |
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Year Built | 1963 | Community | North Long Beach |
Garage Spaces | 4.0 | County | Los Angeles |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | North Long Beach |
GARAGE | Assigned, Yes |
HEAT | Wall Furnace |
HOA DUES | 0 |
INTERIOR | All Bedrooms Up, Balcony |
LOT | 5643 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
SUBDIVISION | North Long Beach (NLB) |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LBR4R |
Location
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