$1,557,500
$1,575,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
4,032 SqFt
SOLD DATE : 09/17/2019
Key Details
Sold Price $1,557,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,032 sqft
Price per Sqft $386
Subdivision Alamitos Heights (Ah)
MLS Listing ID PW19168168
Sold Date 09/17/19
HOA Y/N No
Year Built 1953
Lot Size 3,750 Sqft
Acres 0.0861
Property Description
RARE Opportunity and first time on the market in a very long time. Highly desirable location with very stable occupants make this the perfect addition to your portfolio. Ground floor 2 bedroom 1 bath, Ground floor 1 bedroom 1 bath, and 4 additional 1 bedroom 1 bath units. All units have A/C heat and Gas appliances. Well maintained building. Many features such as auto shut off on gas meters, 2 enclosed garages, and even a laundry room for additional income. Rent potential well over 100K yearly. The grounds are clean and offer a nice blend of privacy as well some common spaces for relaxing. The neighborhood is a wonderful mix of single family residences as well multi units. Perfect for owner occupancy or investor. Great long term tenants, building always stays rented as this is one of the most desirable Long Beach locations, Convenient to top-rated school systems, Recreation Park, Billy Jean king Tennis courts, Blair field, farmers markets, also just minutes from Belmont Shore and the ocean, this location can not be beat.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR4R
Rooms
Ensuite Laundry Common Area, Outside
Interior
Laundry Location Common Area,Outside
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area, Outside
Exterior
Garage Covered, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks, Park
Utilities Available Electricity Available
Roof Type Rolled/Hot Mop
Parking Type Covered, Garage
Total Parking Spaces 2
Private Pool No
Building
Lot Description Near Park
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7241012097
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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