$750,000
$725,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
7,492 Sqft Lot
SOLD DATE : 01/20/2016
Key Details
Sold Price $750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW15245809
Sold Date 01/20/16
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1977
Lot Size 7,492 Sqft
Property Description
Fantastic opportunity for owner occupant looking for FHA ready fourplex or investors looking for value-add opportunity in Long Beach. Superb unit mix with four 1,000+ sq ft 3 bed 1 bath units. The 7,504 lot provides 8+ uncovered parking spaces at the rear with alley access. All four units have been updated. Partial window upgrade. Gated front entry. Potential 6.0+ CAP rate on ProForma rents.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR4N
Interior
Fireplace No
Exterior
Parking Features Unassigned, Uncovered
Pool None
Community Features Urban
Utilities Available Sewer Connected
Total Parking Spaces 16
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Water Public
Level or Stories Two
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 7269036007
Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan, VA No Loan, VA No No Loan
Listing Terms Cash, Cash to New Loan, Conventional, Contract, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan, VA No Loan, VA No No Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Jaime Naranjo • Pacific States Realty