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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW21247374
Sold Date 02/11/22
HOA Y/N No
Year Built 1920
Lot Size 7,461 Sqft
Property Description
Great investment opportunity in Downtown Long Beach. Front building consists of a 3 bed & 2 bath unit with the rear building consisting of four 1 bed & 1 bath unit with a small laundry/den. Large Lot, with great common area. Gated for safety and security. All units will be delivered tenant occupied. Please review current total rents associated with this listing. Tenants are long term, ranging from 8 years to 30 years and rental income shows that. Location is great with all new development happening in Downtown Long Beach.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCO
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Golf, Sidewalks, Park
Private Pool No
Building
Lot Description Landscaped, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7272005016
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Cody Charnell • Buckingham Investments
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692