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$1,699,000
Est. payment /mo
9 Beds
5,979 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25243281
Bedrooms 9
Lot Size 5,979 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
ONE UNIT WILL BE DELIVERED READY TO MOVE IN!! Investor's Dream Opportunity! Live in one unit and rent out the others! - 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 and Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front unit have been remodeled. Roof was replaced approx. 7 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960's and not many opportunities for a four-plex in this area, this property includes a spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to Cal State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All three rented units are well under current market rates. Opportunity to increase NOI immediately. Don't miss this rare chance to own a versatile multi-family property in a high demand area. Unit 1: 3 bed, 2 bath, approx. 1300 sqft. Unit 2: 2 bed, 2 bath approx 1000 sqft. Unit 3: 2 bed
Location
State CA
County Los Angeles
Zoning Assessor
Direction Lakewood towards the Traffic Circle, right on Outer Way to E. Mendez, right. Home is on the right.
Interior
Cooling Wall/Window
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 7219008030
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Listed by Bryn Hutchinson Re/Max Property Connection
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