$1,564,000
$1,600,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
6,440 SqFt
SOLD DATE : 05/05/2023
Key Details
Sold Price $1,564,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,440 sqft
Price per Sqft $242
Subdivision Eastside (Es)
MLS Listing ID PW23048566
Sold Date 05/05/23
HOA Y/N No
Year Built 1971
Lot Size 8,502 Sqft
Acres 0.1952
Property Description
Don't Miss This Clean Eastside 5 Unit Building With Great Cash Flow At Over A 5% Cap Rate. The Configuration Consists Of Three 3 Bedrooms 2 Bath Units And Two 4 Bedroom 2 Bath Unit. This Property Is Located On A Quiet Cul De Sac With New Fascia Around The Building And A Side Patio Area For Each Unit. This Location Is In A Highly Desired Rental Area Of Long Beach And Proximate To Shopping, Entertainment, Freeways And Cal State Long Beach. Additional Features Include: Separate Gas And Electric Meters For Each Unit, Inside Laundry In Each Unit, 5 Assigned Parking Spaces And An Additional 5 Guest Parking Spaces.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Assigned, Guest
Pool None
Community Features Curbs, Suburban
Parking Type Assigned, Guest
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7260002014
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Trust
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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