528 West 10th Street

528 West 10th Street, Long Beach, CA 90813

  • For Sale $1,450,000
  • Property Type Multi-Family
  • Property Size 3,616 SF
  • Units 5
  • Lot Size 7,816 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 6, 2024
Long Beach - WillmoreYoung Lewin Advisors is pleased to present the sale of 529 W 10th St. in the Willmore neighborhood of Long Beach just minutes from Downtown. The property has undergone significant renovation with four of the units receiving full interior renovation including new flooring, kitchens, bathrooms, and fixtures. The property has also had the majority of major systems replaced - new electrical panels and wiring, and new pex plumbing throughout. 10th St. consists of a large detached 1,336 square foot 3 bed/2 bath front house that includes a private gated space for multiple cars. The front house used to be two units at one point , and the possibility exists to split in back to it's original configuration as a duplex- one 2 bed/1 bath and one 1 bed/1 bath unit, which would result in about a 25% increase in rental income. Two detached duplex's are behind the front house that consist of one bedroom units (two of the units have been converted from studios into one bedroom units). A detached double car garage is at the rear of the property, which could be converted into a detached ADU as well. 529 W 10th St. presents a great opportunity to purchase a high cashflowing asset at a 11.57 GRM and 5.44% cap rate where the current owner has done the majority of the heavy lifting with additional upside.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Turnkey Five Unit Property in the Wilmore area of Long Beach minutes from Downtown
  • Owner has spent over $150,000 renovating the interior of the units along with replcement of the majority of plumbing to pex and new electric sub panels and wiring in four of the five units
  • Interior of units meticulously turned with high quality finishes better than most rentals in the area -floors, bathrooms, kitchens, etc.
  • Newer roof with majority of major systems (electric and plumbing) replaced
  • Opportunity to convert back into original 6 unit configurtion by converting the front house into a duplex
  • Located in the historic neighborhood of Willmore- you are one mile from Downtown Long Beach- boosting a walkscore of 86 of "very walkable". Tenants also benefit from being close to the 710 greeway making this a great commuter location as well

Contacts

broker

Jack Jorgensen

Young Lewin Advisors

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable

  • Transit Score ®

    66/100 Good Transit

  • Bike Score ®

    91/100 Biker's Paradise
Powered by Walk Score ®
  • City Long Beach, CA
  • Neighborhood Willmore City
  • Zip Code 90813
  • Market Los Angeles

Points of Interest

  • Anaheim Street

    0.59 miles

  • 5th Street

    0.66 miles

  • 1st Street

    0.88 miles

  • Willow Street

    2.00 miles

  • Lakewood Boulevard

    9.87 miles

  • Chevron

    0.22 miles

  • Shell

    0.22 miles

  • 76

    0.23 miles

  • 76

    0.79 miles

  • Arco

    0.81 miles

  • Mobil

    0.85 miles

  • Chevron

    0.94 miles

  • USA gas

    1.08 miles

  • Chevron

    1.19 miles

  • Shell

    1.19 miles

  • 4th & Pacific Lot

    0.61 miles

  • Parking structure

    0.68 miles

  • Parking structure (for courthouse)

    0.72 miles

  • parking structure

    0.75 miles

  • Public Parking

    1.02 miles

  • Lot 1

    1.57 miles

  • Lot 2

    1.63 miles

  • Lot 3 Staff

    1.68 miles

  • Lot 7 staff

    1.69 miles

  • Lot 6

    1.70 miles

  • El Capitan Motor Inn

    0.74 miles

  • State Motel

    0.75 miles

  • Beacon Inn Motel

    0.75 miles

  • Hilton Long Beach

    0.78 miles

  • Poolside Inn Motel

    0.79 miles

  • La Mirage Inn

    0.79 miles

  • Tower Motel

    0.80 miles

  • Travel Eagle Inn Motel

    0.82 miles

  • Bay Hotel

    0.85 miles

  • Best Western of Long Beach

    0.86 miles

  • Cantarito Mexican Grill

    0.31 miles

  • Popeyes

    0.56 miles

  • Mariscus Los Buchones

    0.57 miles

  • Subway

    0.59 miles

  • El Pollo Loco

    0.60 miles

  • Carl's Jr.

    0.61 miles

  • Denny's

    0.61 miles

  • McDonald's

    0.62 miles

  • Jimmy John's

    0.65 miles

  • Queens Wharf Restaurant

    0.67 miles

  • Edison Elementary School

    0.31 miles

  • Washington Middle School

    0.49 miles

  • Boyd High School

    0.51 miles

  • Jenny Oropeze YMCA Community School

    0.51 miles

  • First Lutheran School

    0.73 miles

  • PAAL

    0.75 miles

  • Stevenson Elementary School

    0.91 miles

  • Roosevelt Elementary School

    0.92 miles

  • St Anthony High School

    1.01 miles

  • Long Beach Polytechnic High School

    1.11 miles

  • A Village Child Care

    3.30 miles

  • Oak Wood Academy

    3.48 miles

  • Tiny Heartz Daycare LLC

    6.23 miles

  • injoy life

    8.15 miles

  • The Learning Box Childcare & Enrichment Center Inc

    8.15 miles

  • YMCA After School Program

    8.69 miles

Frequently Asked Questions

How much does 528 West 10th Street cost?

The space currently listed for sale at 528 West 10th Street asks for $1,450,000.

What is the total square footage of 528 West 10th Street?

528 West 10th Street totals 3,616 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Jack Jorgensen

Young Lewin Advisors