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$1,999,999
Est. payment /mo
9 Beds
6 Baths
5,979 Sqft Lot
UPDATED:
12/11/2024 06:45 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24232104
Bedrooms 9
HOA Y/N No
Lot Size 5,979 Sqft
Property Description
Investors Dream Opportunity Seasoned or First-Time Multifamily Buyers Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including: Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room. Parking & Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately. Dont miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details! Unit 1: 3 bed, 2, bath, approximately 1300 sf Unit 2: 2 bed 2 bath, approximately 1000 sf Unit 3: 2 bed 1
Investors Dream Opportunity Seasoned or First-Time Multifamily Buyers Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including: Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room. Parking & Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately. Dont miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details! Unit 1: 3 bed, 2, bath, approximately 1300 sf Unit 2: 2 bed 2 bath, approximately 1000 sf Unit 3: 2 bed 1 bath, approx 900 sf Unit 4: 2 bed, 1 bath, approx 1100 sf Each unit has a detached 1 car garage. All units are currently occupied on month-to-month leases.
Investors Dream Opportunity Seasoned or First-Time Multifamily Buyers Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including: Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room. Parking & Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately. Dont miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details! Unit 1: 3 bed, 2, bath, approximately 1300 sf Unit 2: 2 bed 2 bath, approximately 1000 sf Unit 3: 2 bed 1 bath, approx 900 sf Unit 4: 2 bed, 1 bath, approx 1100 sf Each unit has a detached 1 car garage. All units are currently occupied on month-to-month leases.
Location
State CA
County Los Angeles
Area Long Beach (90815)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco, Wood
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Monthly Total Fees $80
Acceptable Financing Cash
Space Rent $2,080
Listing Terms Cash
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Listed by Bryn Hutchinson • Re/Max Property Connection
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