$1,250,000
$1,300,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/21/2018
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW18008810
Sold Date 05/21/18
HOA Y/N No
Year Built 1921
Property Description
WOW 100K PRICE DROP!! This property appraised for $1,380,000 3 months ago! We are listed below appraised value! Great investment opportunity 4-plex in highly sought after Bluff/ Belmont heights 90803! Live in the front house and rent out the back to help pay the mortgage! 4 blocks to the beach! Just a few blocks to 2nd St. and 4th St. arts district! Great unit mix front house 2bedroom plus large bonus room currently used as 3rd bedroom/2 bath. 3 units in back consisting of 1 studio & 2-1bed/1bath. Separately metered for gas and electric. Seller pays water only for utilities, tenants pay all other utilities. 2 garages bring in additional income. All tenants are long term on month-month leases. Rents are very low with tons of upside. Long Term owner.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR2A
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7257026004
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Brandon Caldarella • First Team Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner