1520 West 20th Street

N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1520 West 20th Street, a 4-unit multifamily investment property located in Long Beach, CA. 1520 West 20th Street features exclusively spacious three-bedroom floor plans and offers property amenities including gated pedestrian access, security doors, and carport parking. Additionally, each unit features in-unit laundry hookups (tenants supply the machines). The tenants are responsible to pay for electricity and trash. The landlord is responsible to pay for water and sewer. Furthermore, current ownership has invested significant capital into the property, with 1 fully renovated unit, 2 partially renovated units, and a new roof for the carport structure. Situated in Westside Long Beach, 1520 West 20th Street benefits from its close proximity to parks, schools, and major transportation routes. The property offers walkable access to highly desirable area amenities for families including Cabrillo High School and Admiral Kidd Park. Additionally, 1520 West 20th Street’s close proximity to Interstate 710 provides convenient access to the Ports of Long Beach and Los Angeles, two major employment hubs for the region. Furthermore, the property is located just over 2 miles from the plethora of retail, dining, and entertainment options in Downtown Long Beach. The property’s desirable unit mix, close proximity to education and recreation amenities as well as employment hubs are major draws for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1520 West 20th Street. 1520 West 20th Street is available for purchase separately or in conjunction with 1526 West 20th Street.