Long Beach, CA 90804,1534 Grand AVE #3
Long Beach, CA 90804,1534 Grand AVE #3
Long Beach, CA 90804,1534 Grand AVE #3
$1,280,000
Est. payment /mo
$1,299,000
1.5%
Est.Price: ?

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6,534 Sqft Lot
SOLD DATE : 04/02/2021

Key Details

Sold Price $1,280,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID RS20243066

Sold Date 04/02/21

HOA Y/N No

Year Built 1963

Lot Size 6,534 Sqft

Property Description

The perfect investment opportunity in an excellent area. "The Ravenna Building", is a 4 unit building located in the great Eastside part of Long Beach. This property offers a solid tenant base with low vacancy rates. Beautifully maintained, gated sparkling pool and a well-manicured lawn with surrounding trees. New parking asphalt. The building has been well maintained with all units in good conditions. Consisting of 3 large one-bedrooms and 1 large two-bedroom/two-bathroom townhouse with it's own private balcony, fireplace, enclosed patio and laundry closet with dishwashers in each unit- all separately metered for gas and electric. There are 4 attached garages with newly installed automatic garage door openers. Additionally, there are 4 extra off-street parking spaces, ideal for added income. This is a great opportunity for an investor looking to add-value and capture strong potential rental upside. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, CSULB, freeways, schools, Belmont Shore and Downtown Long Beach.owners might be open to sell all 3 buildings to the right buyers at $4m best offer.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR2N

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool Private

Community Features Street Lights, Urban

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description Garden

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7253013053

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Marcos Ramirez • Keller Williams Pacific Estate
Bought with Melissa Ginsburg • NSI Corp/Pike Properties #104

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agent

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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