About 16116 Woodruff Avenue
Incredible 7-Unit Investment Opportunity on Expansive Lot in Prime Location Positioned on a generous 19,000+ square foot lot, this well-maintained 7-unit property offers a rare combination of modern amenities, strong unit mix, and excellent income potential. The property has been updated with new electrical panels and recently replaced garage doors (within the past 3 years). One of the duplex roofs has been fully replaced, and washer/dryer hookups are available in every unit. The front house, built in 1951, is a charming 2-bedroom, 1-bathroom single-story residence. Ideal for an owner-occupant or premium rental, it offers privacy and a separate driveway. Behind the front home are six two-story townhomes built in 1978, each featuring 2 bedrooms and 2 bathrooms. Every townhome includes in-unit laundry, private garage parking, and its own outdoor space. The units are well-designed with spacious living areas, making them attractive to long-term tenants. Situated just off Woodruff Avenue near Alondra Boulevard, the property enjoys easy access to major freeways, nearby shopping centers, and public transportation. Its central location ensures strong tenant demand while still offering peace and quiet on a lightly traveled street. With a stable rent roll and room for future upside, this asset is a standout in Long Beachs competitive rental market. Dont miss your chance to own a turnkey property with both immediate cash flow and long-term growth potential.
