2408 E 17th St, Long Beach, CA 90804

Property Description

2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity. Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market. Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit—a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.