$2,102,000
$1,998,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
5,854 Sqft Lot
SOLD DATE : 07/07/2022
Key Details
Sold Price $2,102,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID AR22121606
Sold Date 07/07/22
HOA Y/N No
Year Built 1963
Lot Size 5,854 Sqft
Property Description
Rare opportunity to pick up a 7 unit-- 2 bedroom 1 bathroom income rental property with excellent history, low maintenance and monthly expenses. Owner has remodeled 5 units, 4 recently in the past 1-2 years. New roof recently installed. Fumigation recently done. New water heater recently installed. Exterior paint recently done. Newer stair railings. Extensive remodeling on the structure of the carport in 2007. 6 units of granite kitchen countertop.
Excellent location! Short drive to Long Beach Waterfront, Queen Mary, Cal State Long Beach, Leisure World, Seal Beach, Long Beach Museum of Art, shops, restaurants, public transportation. Lots of upside rent potential. Property is sold in "as is" condition. First time on the market in 20 years. Well cared for and looked after by owner.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Water Heater
Laundry None
Exterior
Carport Spaces 4
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7260012015
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Nina Le • Buckingham Investments, Inc