Long Beach, CA 90806,164 E Eagle Street
Long Beach, CA 90806,164 E Eagle Street
Long Beach, CA 90806,164 E Eagle Street
Long Beach, CA 90806,164 E Eagle Street
Long Beach, CA 90806,164 E Eagle Street
Long Beach, CA 90806,164 E Eagle Street
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$1,525,000

$1,600,000

4.7%
Est.Price: ?

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Est. payment /mo

12 Beds

4 Baths

4,099 Sqft Lot


SOLD DATE : 11/22/2021

Key Details

Sold Price $1,525,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21155480

Sold Date 11/22/21

Bedrooms 12

HOA Y/N No

Lot Size 4,099 Sqft

Property Description

There are a ton of great income properties out there, but the income of 126 E. Eagle soars high above the rest. This 4-unit building has one of the highest income potentials of any small apartment building on the market, generating over $115,000 annually . The property has a great unit composition of four 3 Bedroom / 1 Bathroom units, each with over 1,000 SF. Eliminate the stress of whether the tenants are going to pay their rent, as these rents are guaranteed by the Housing Authority of Long Beach, who routinely inspects to ensure the property is being cared for.
There are a ton of great income properties out there, but the income of 126 E. Eagle soars high above the rest. This 4-unit building has one of the highest income potentials of any small apartment building on the market, generating over $115,000 annually . The property has a great unit composition of four 3 Bedroom / 1 Bathroom units, each with over 1,000 SF. Eliminate the stress of whether the tenants are going to pay their rent, as these rents are guaranteed by the Housing Authority of Long Beach, who routinely inspects to ensure the property is being cared for.

Location

State CA

County Los Angeles

Area Long Beach (90806)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, VA

Space Rent $1,954

Listing Terms Cash, Conventional, Exchange, VA

Financing Exchange

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San Diego Regional MLS (SDMLS)
Listed by Juan Huizar • Sage Real Estate
Bought with Tammie Holley • Gibson Realty
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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