$1,250,000
$1,249,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 10/27/2020
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW20191753
Sold Date 10/27/20
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1918
Lot Size 7,840 Sqft
Property Description
550 Rose is just steps from Retro Row, Belmont Shore, Downtown and all Long Beach living a bike ride away. This is your perfect opportunity to live in a gorgeous Long Beach craftsman while collecting rents on your 2 back units, or as an investor, you have the opportunity to maximize rents in this prime location. The front three bedroom, two bathroom unit has been beautifully remodeled; new kitchen countertops, cabinets, appliances and bathroom tile and dual vanity. There's also a bonus room right off the living room ideal for an office, playroom, music/art room with a side private door leading to the driveway. Your back two spacious units have a shared patio area, private entry and ample parking- There is a total of 3 separate garages that can be used for parking or storage, along with 3 assigned spaces and your long driveway which can easily fit up to 5 cars. Wait. There's more...All units also each have washer/dryer hookups.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR1N
Interior
Interior Features Ceiling Fan(s)
Heating Floor Furnace, Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Dishwasher, Gas Range, Microwave
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Driveway, Garage, Side By Side
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Roof Type Composition
Total Parking Spaces 11
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Near Public Transit
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Craftsman
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7266024025
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash to New Loan, Conventional, 1031 Exchange, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Jasmina Blount • Realty One Group Diamond