3321 E 17th Street

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3321 E 17th Street

Long Beach, CA 90804
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Long Beach, California.
  • The property at 3321 E 17th Street includes two units.
  • Investment opportunity situated within a dense Southern California submarket.
  • Property features a layout designed for residential rental operations.
  • Region benefits from stable housing demand and urban connectivity.

What's Special

Investors seeking an income-generating multifamily asset in Southern California will find this apartment building a functional addition to their portfolio. Situated at 3321 E 17th Street in Long Beach, the property comprises two units within an established residential neighborhood. This asset type is well-suited for long-term hold strategies in a market defined by high demand for rental housing. The location provides convenient access to the coastal amenities and economic drivers that characterize the Long Beach region, which maintains a stable base of residents and commuters across the Los Angeles metropolitan area. Prospective buyers can leverage this small-scale residential investment to secure a foothold in a supply-constrained housing market. The layout allows for straightforward property management and consistent rental income potential in a dense urban environment that continues to see steady interest from diverse demographic groups looking for proximity to the coast and major local transit corridors.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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