2123 West Columbia Street

2123 West Columbia Street

Long Beach, CA 90810

$1,555,000
Price
8
Beds
8
Baths
3,338 Sq. Ft.
$466 / Sq. Ft.
3,338
Sq. Ft.
$466
per Sq. Ft.
an aerial view of a house with lots of residential buildings ocean and mountain view in back
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a view of a city
an aerial view of a city with lots of residential buildings and ocean view in back
a view of a street with a building in the background
a view of a backyard with plants and swimming pool
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a view of a backyard with couches chair and tables
a bathroom with a sink and mirror
a utility room with dryer and washer
a living room with dining room and wooden floor
a room with furniture and wooden floor
a living room with furniture and a wooden floor
a bedroom with a bed and dresser with wooden floor
a bedroom with a bed and a night stand
a bedroom with a bed and wooden floor
a bedroom with a bed and a window
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a kitchen with a refrigerator and a stove
a bathroom with a sink toilet and tub
a bathroom with a sink a toilet and shower
a living room with furniture and a window
a bathroom with a sink toilet and a mirror
a kitchen with appliances cabinets and a sink
a living room with furniture and wooden floor
a bedroom with a bed and a couch
a dining room with a table and chairs
a living room with a couch
a bed room with a bed mirror and a table
a bedroom with a bed and a window
a view of a dining room with furniture and wooden floor
a bathroom with a toilet and a shower curtain
a room with a sink and cabinets
an empty room with a window
a bathroom with a bathtub
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wooden floor in a empty room
a bathroom with a sink a toilet and shower
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Description

Prime investment opportunity! Situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity...Prime investment opportunity! Situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School, this meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts over 70% upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $259,167/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
  1. Listed by Christopher Crosby • DRE #02116879 • Brokerage DRE #01914434 • Buckingham Investments, Inc • 650-549-4849

Property Details for 2123 West Columbia Street

View
Neighborhood, Park/Greenbelt
Parking Spaces Total
9
Private Pool
No
Cooling Type
Wall/Window
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3338

Location

Listing Courtesy of Buckingham Investments, Inc, Christopher Crosby, DRE #02116879
Add your commute
LISTING UPDATED: 04/18/2024 09:29 AM

Property Details for 2123 West Columbia Street

StatusActive
MLS #SB24066151
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
CountyLos Angeles County

Location

Listing Courtesy of Buckingham Investments, Inc, Christopher Crosby, DRE #02116879
Add your commute

Building Information for 2123 West Columbia Street

Building/Complex2123 W Columbia StFloor-Stories1Residences-Pet Policy-Year Built1946Building Size-

Payment Calculator

$9,312 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,486

Property Taxes

$826

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2123 West Columbia Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $84,702
  • Gross Scheduled Income: $84,702
  • Vacancy Allowance: 2470
  • Gross Operating Income: $82,250
  • Net Operating Income: $40,938
  • Laundry Income: $2,400
Expense Details
  • Operating Expense: $41,312
  • Insurance Expense: $5,007
  • Professional Management Expense: $4,935
  • Trash Expense: $2,160
  • Water Sewer Expense: $2,160
  • Total Expenses: $41,312
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 572...
  • Tax Census Tract: 5726.00
  • CFD/Mello-Roos Fee: $1,043
  • Tax Lot: 36
Community / Development
Community / Development
  • Community Features: Biking, Park, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Park Nearby, Yard
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Westside/North of Willow
  • Builders Tract Code: Westside/North of Willow (WNW)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,465
  • Unit Type Total Rent: $1,465
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,015
  • Unit Type Total Rent: $1,015
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,125
  • Unit Type Total Rent: $1,125
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,090
  • Unit Type Total Rent: $1,090
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,015
  • Unit Type Total Rent: $1,015
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 2123 West Columbia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2123 West Columbia Street

Taxable ValueLand$359,362Additions$353,410Total$712,772
Tax Record2023$9,912 ($826 / month)
Home Facts
Total Finished SqFt3,338 SqFtAbove Grade Finished SqFt3,338 SqFtLot Size9,260 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningLBR1NCountyLOS ANGELESAPN7314-014-019

Schools near 2123 West Columbia Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Webster Elementary School
Public - K to 5
Stephens Middle School
Public - 6 to 8
Cabrillo High School
Public - 9 to 12
Educational Partnership High School
Public - 9 to 12
Rating
School
Distance
Webster Elementary School
PublicK to 5

Stephens Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2123 West Columbia Street, Long Beach, CA 90810

2123 West Columbia Street is a multi-family home for sale in Long Beach, CA 90810. This property was listed for sale on March 23, 2024 by Buckingham Investments, Inc, it's currently listed at $1,555,000. It has been on the market for a total of 26 days and was last sold on September 1, 2005. This listing's school district is Long Beach Unified School District. Nearby schools include Webster Elementary School, Stephens Middle School and Cabrillo High School. 2123 West Columbia Street is a 8-bed, 8-bath, 3,338 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buckingham Investments, Inc, Christopher Crosby, DRE #02116879

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.