$1,900,000
$1,925,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/10/2018
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID OC18005561
Sold Date 04/10/18
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Property Description
This pride of ownership property is located in the North Alamitos neighborhood of Long Beach, CA, just minutes away from Downtown. Extensively renovated in 2016, this 2-story building features One (1) - 3 Bed / 2 Bath, Four (4) - 2 Bed / 2 Bath, One (1) - 2 Bed / 1 Bath, and One (1) - Non-Conforming Studio. Each unit has been upgraded within the last three years to include; hardwood/vinyl flooring, stainless steel appliances, cabinets and granite counter-tops. Amenities include; secured garage parking, gated entrance, and washer / dryer hookups in each unit. This prime location off offers tenants convenient access to Downtown Long Beach, boutique shopping and dining, and beautiful beaches along the Pacific Coast.
The property operates as a seven (7) unit complex, however, it has six (6) legal, and one (1), non conforming units.
New financing is available, however, the property currently has great assumable debt in place.
The $1,145,000 Assumable Loan is at 3.63%, fixed until 11/15/2021.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR3T
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup
Interior
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan
Laundry Location Washer Hookup,Electric Dryer Hookup
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplace No
Appliance Free-Standing Range, Disposal, Microwave, Refrigerator, Range Hood
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Brick, Wrought Iron
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Gated
Roof Type Flat
Parking Type Driveway, Garage
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7266016008
Security Features Gated Community
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Pat Swanson • Pat Swanson
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States