$1,056,000
$1,140,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
6,507 Sqft Lot
SOLD DATE : 10/28/2024
Key Details
Sold Price $1,056,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24125597
Sold Date 10/28/24
Bedrooms 8
HOA Y/N No
Lot Size 6,507 Sqft
Property Description
Few Blocks from the ocean, these three units on a 6,507 sq ft lot in Long Beach. No shared walls! Each unit is a free-standing, separate bungalow and feels like its own house. The front house has original charm. Two stories, remodeled kitchen with granite counters and stainless appliances, claw foot bathtub in the upstairs bath, large living room with wood floors, large, attached laundry room with extra storage, walk-in closets, and gated front yard. The front house is 3 bed, 3 bath, 1,431 sq ft. The two back houses were built in the 1950s. One is 3 bed, 2 bath (currently vacant). The other is 2 bed, 1 bath. They have new vinyl windows and new roofs with gutters. Both have newer forced air heaters and water heaters. The lot feels private and safe. A wood fence provides privacy. The front and back yards are no-maintenance artificial turf. All homes have newer exterior paint. This property is an excellent income-generating investment for an investor or owner-occupant looking for steady income from units that are easy to rent. There are many commercial buildings and churches near so street parking is available. THIS PROPERTY QUALIFIES FOR COMMUNITY INCENTIVE PROGRAM WITH REDUCED INTEREST RATES.
Few Blocks from the ocean, these three units on a 6,507 sq ft lot in Long Beach. No shared walls! Each unit is a free-standing, separate bungalow and feels like its own house. The front house has original charm. Two stories, remodeled kitchen with granite counters and stainless appliances, claw foot bathtub in the upstairs bath, large living room with wood floors, large, attached laundry room with extra storage, walk-in closets, and gated front yard. The front house is 3 bed, 3 bath, 1,431 sq ft. The two back houses were built in the 1950s. One is 3 bed, 2 bath (currently vacant). The other is 2 bed, 1 bath. They have new vinyl windows and new roofs with gutters. Both have newer forced air heaters and water heaters. The lot feels private and safe. A wood fence provides privacy. The front and back yards are no-maintenance artificial turf. All homes have newer exterior paint. This property is an excellent income-generating investment for an investor or owner-occupant looking for steady income from units that are easy to rent. There are many commercial buildings and churches near so street parking is available. THIS PROPERTY QUALIFIES FOR COMMUNITY INCENTIVE PROGRAM WITH REDUCED INTEREST RATES.
Location
State CA
County Los Angeles
Area Long Beach (90813)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco, Wood
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $65
Acceptable Financing Cash, Conventional, FHA
Space Rent $1,645
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Marc Habib • Buckingham Investments, Inc