Long Beach, CA 90805,306 E Home Street
Long Beach, CA 90805,306 E Home Street
Long Beach, CA 90805,306 E Home Street
Long Beach, CA 90805,306 E Home Street
Long Beach, CA 90805,306 E Home Street
Long Beach, CA 90805,306 E Home Street
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$1,300,000

$1,250,000

4.0%
Est.Price: ?

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Est. payment /mo

7 Beds

4 Baths

6,744 Sqft Lot


SOLD DATE : 03/02/2022

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22009684

Sold Date 03/02/22

Bedrooms 7

HOA Y/N No

Lot Size 6,744 Sqft

Property Description

Newly remodeled, no rent control, large 2 units on a huge corner lot, high yield and a quickly appreciatingneighborhood. What more could youask of a multifamily asset? All units are generously sized with two garage spaces, private laundry rooms inside each unit, open layout and plenty ofnatural light. The new owner will enjoy this fully leased property coupled trouble-free returns as each unit is equipped with separate meters for water, gas and electricity all paid by tenants. Mainhouse is two story, 5 bedrooms and 3 bathrooms with freshly remodeled interior & exterior and the other unit (ADU) is single floor, 2 bedrooms and 1 bathroom with itsown 2 car garage. Positive cash flow, healthy income stream and solid market appreciation as the area continues its upward trajectory. Easy access to the 710 and 405 freeways.
Newly remodeled, no rent control, large 2 units on a huge corner lot, high yield and a quickly appreciatingneighborhood. What more could youask of a multifamily asset? All units are generously sized with two garage spaces, private laundry rooms inside each unit, open layout and plenty ofnatural light. The new owner will enjoy this fully leased property coupled trouble-free returns as each unit is equipped with separate meters for water, gas and electricity all paid by tenants. Mainhouse is two story, 5 bedrooms and 3 bathrooms with freshly remodeled interior & exterior and the other unit (ADU) is single floor, 2 bedrooms and 1 bathroom with itsown 2 car garage. Positive cash flow, healthy income stream and solid market appreciation as the area continues its upward trajectory. Easy access to the 710 and 405 freeways.

Location

State CA

County Los Angeles

Area Long Beach (90805)

Zoning Public Rec

Interior

Cooling Central Forced Air

Building

Lot Description Corner Lot, Sidewalks

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, FHA

Space Rent $3,950

Listing Terms Cash, Conventional, FHA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Michelle Yoon • Realty One Group Diamond
Bought with NON LISTED AGENT • San Diego
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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