$1,095,500
$1,095,000
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3,432 SqFt
SOLD DATE : 03/22/2021
Key Details
Sold Price $1,095,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $319
Subdivision Alamitos Beach (Ab)
MLS Listing ID DW21023400
Sold Date 03/22/21
HOA Y/N No
Year Built 1910
Lot Size 5,000 Sqft
Acres 0.1148
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 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Rooms
Ensuite Laundry InKitchen
Interior
Laundry Location InKitchen
Fireplace No
Laundry InKitchen
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description Item01UnitAcre
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7274021011
Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange, FHA, VALoan
Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange, FHA, VALoan
Financing Conventional
Special Listing Condition Standard
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
"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