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Key Details
Sold Price $1,095,500
Property Type Other Types
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $319
MLS Listing ID CRDW21023400
Sold Date 03/22/21
Bedrooms 7
HOA Y/N No
Year Built 1910
Lot Size 5,001 Sqft
Acres 0.11
Property Description
This is it ! Already offering CAP RATE 5.5% !! Excellent performing and very solid rent incomes and beautifully remodeled 4 unit in Long Beach ""This 4 units collects $7,060 / mo , GSI $84,720 , NOI : $59,304 "" !! 4plex consists of three 1 bedroom 1 baths and one 4 bed 2.5 bath plus 2 garages and 1 back yard parking and 1 front driveway parking spaces. Front building is newer roof and new paint with 4 bed 2.5 bath DETACHED single family home. 3 units on back building and also well maintained. This property is located near to Downtown Long Beach, which has seen major redevelopment in recent years, conveniently near the Metro Blue Line and the 710 Freeway, and less than one mile from the beach. Buyer to do their due diligence and check city requirements, verify square footage and, confirm accuracy of all records and information.
Location
State CA
County Los Angeles
Area Downtown Area, Alamitos Beach
Zoning LBR4
Interior
Fireplace No
Laundry In Kitchen
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 7274021011
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with CameronSamimi