$1,050,000
$999,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
6,821 Sqft Lot
SOLD DATE : 08/29/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS24129927
Sold Date 08/29/24
Bedrooms 8
HOA Y/N No
Lot Size 6,821 Sqft
Property Description
GREAT INVESTMENT PROPERTY in a high-demand rental market of Long Beach. This 4-Unit property is a rare find with stable rental income from long-term tenants. Recent renovations and updates throughout including brand new roof that costs $38,500 & paint. Large grassy front yard and lots of parking spaces behind the building on a newly paved area behind the property (owned by city). #A 2 beds/1 bath, #B 1 bed/1 bath/small den, #C 1 bed/1 bath #D 4 beds/2 bath/1-car garage & storage unit off living room that can be used as a 5th bedroom with its own 1/2 bath. Located in desirable neighborhood with strong rental demand and close proximity to schools, parks, freeway 710, shopping, and public transportation. Tenant Occupied. Do not disturb tenants. Drive by only.
GREAT INVESTMENT PROPERTY in a high-demand rental market of Long Beach. This 4-Unit property is a rare find with stable rental income from long-term tenants. Recent renovations and updates throughout including brand new roof that costs $38,500 & paint. Large grassy front yard and lots of parking spaces behind the building on a newly paved area behind the property (owned by city). #A 2 beds/1 bath, #B 1 bed/1 bath/small den, #C 1 bed/1 bath #D 4 beds/2 bath/1-car garage & storage unit off living room that can be used as a 5th bedroom with its own 1/2 bath. Located in desirable neighborhood with strong rental demand and close proximity to schools, parks, freeway 710, shopping, and public transportation. Tenant Occupied. Do not disturb tenants. Drive by only.
Location
State CA
County Los Angeles
Area Long Beach (90806)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $73
Acceptable Financing Cash, Conventional
Space Rent $1,963
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jaime Calderon • JAIME CALDERON BROKER