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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW23211580
Sold Date 01/26/24
HOA Y/N No
Year Built 1922
Lot Size 6,503 Sqft
Property Description
1128 St. Louis Avenue is a 3-unit apartment asset in Eastside Long Beach. Built in 1922, the bungalow-style property features a desirable unit mix of two 3bd/1ba units and a 1bd/1ba unit in a secured access building with ample parking on a 6,503-square-foot lot. With a Walk Score of 89, 1128 St. Louis is a convenient location for its tenants. The asset offers significant upside in rental income of ±31%.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7261033010
Energy Description 562.5
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Sam Alherech • Buckingham Investments, Inc
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692