$757,500
$750,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/18/2016
Key Details
Sold Price $757,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW16160950
Sold Date 10/18/16
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1920
Property Description
big...Big...BIG units!!! Each one bedroom unit is 832 square feet with dining and laundry rooms, plus multiple walk-in closets for more living space and storage than you see in most 2 bedroom units in this part of town. Because they are so roomy, tenants flock to the occasional vacancy and stay year after year as is the case in two of the units. The current tenant mix is one person per unit keeping the maintenance and building density low. The property has received many upgrades in the way of remodeled kitchens and bathrooms along with a full building copper re-pipe and main drain line. The back yard is a spacious and private common area that just adds one more desirable thing to the list of things that will keep your tenants happy. There are four single door one car garages that are currently retained by the owner that could be offered to the tenants or rented out for additional income. This property is proudly located in the Craftsman Village Historical Dist. offering many financial perks to landlords and property owners, please consult the city of Long Beach website for more details. If you're tired of being disappointed by all those run down buildings you've been seeing, then come see what a good investment looks like in a great rental neighborhood.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Rooms
Other Rooms Shed(s)
Interior
Interior Features Ceiling Fan(s), Granite Counters, Multiple Staircases, Recessed Lighting, Walk-In Closet(s)
Heating Wall Furnace
Flooring Carpet, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Door-Single, Garage, Off Street
Garage Spaces 4.0
Garage Description 4.0
Fence Wood
Pool None
Community Features Sidewalks
Utilities Available Sewer Available
Roof Type Clay,Flat,Rolled/Hot Mop
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Near Public Transit, Sprinklers Timer
Story 2
Entry Level Two
Foundation Raised
Water Public
Architectural Style Spanish
Level or Stories Two
Additional Building Shed(s)
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 7266002002
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew Mahowald • Buckingham Investments, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "