$1,120,000
$1,149,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
2,814 SqFt
SOLD DATE : 05/02/2016
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,814 sqft
Price per Sqft $398
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW15255150
Sold Date 05/02/16
HOA Y/N No
Year Built 1932
Tax Year 2014
Lot Size 3,136 Sqft
Acres 0.072
Property Description
Charming 1932 Belmont Shore Spanish Duplex (plus a 3rd Unit over garage) would suit an owner/occupant or would make an savvy investor very happy! The main building has TWO bright & roomy 3 BEDROOM/2 BATH units w/ identical floor plans, ea about 1430 sf. Each has a living room, formal dining room, indiv laundry room, & breakfast room that could be 4th bed, office, or--as one unit is now using it--as a master closet! Some of the unique touches are Art Deco tile, coved ceilings, faux fireplace, wall sconces, chandeliers, glass knobs on doors, & a butler's pantry in the breakfast room. In addition, there is an approx. 500 sf 1-BEDROOM/1-BATH sunny unit over the 3 GARAGES. While not included in the sq footage, it makes the CAP RATE even more favorable! This inviting income property is an easy walk to popular Belmont Shore's shopping & dining, the Belmont Pier, Belmont Pool, grocery stores & only 1/2 BLOCK TO THE OCEAN. Either of the 3-bedroom units would make a great owners' unit (ocean view from upper!), & the income from the other units would allow for an economic way to live in the Shore! (Current rents are under market value.) 3 Garages=a Plus! Cap rate very favorable for this area! (See floor plan/VTour)
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Rooms
Ensuite Laundry WasherHookup, GasDryerHookup, LaundryRoom
Interior
Interior Features BuiltinFeatures, CeilingFans, Pantry, TileCounters, DressingArea
Laundry Location WasherHookup,GasDryerHookup,LaundryRoom
Heating Electric, WallFurnace
Cooling None
Flooring Tile, Vinyl, Wood
Fireplaces Type LivingRoom
Fireplace Yes
Laundry WasherHookup, GasDryerHookup, LaundryRoom
Exterior
Garage Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, StreetLights, Sidewalks
Utilities Available SewerAvailable
Waterfront Description OceanSideOfHighway
View Y/N Yes
View Neighborhood
Roof Type SpanishTile
Accessibility None
Parking Type Garage
Total Parking Spaces 6
Private Pool No
Building
Faces East
Story Two
Entry Level Two
Foundation Raised
Water Public
Architectural Style Mediterranean
Level or Stories Two
Others
Senior Community No
Tax ID 7256038006
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Conventional
Special Listing Condition Standard
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Bought with Todd Turley • Main Street Realtors
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