$1,728,000
$1,599,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
6,507 Sqft Lot
SOLD DATE : 08/11/2022
Key Details
Sold Price $1,728,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Circle (Ca)
MLS Listing ID PW22143719
Sold Date 08/11/22
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 6,507 Sqft
Lot Dimensions Assessor
Property Description
Seasoned or First Time Multi-Family Investor's Dream - This is the Perfect Opportunity to add a clean, well-maintained and highly desired 4-plex investment asset in Long Beach, near the Outer Traffic Circle. Large 3-Bedroom/2-Bath front house with its own private yard/courtyard space and own inside laundry hookups and fireplace, along with three more Large 2-Bedroom units (1100sqft, 825sqft & 800sqft) behind and surrounded by the luxuriously pavered community courtyard/open space. Each unit enjoys an assigned private garage with additional upper storage space enclosed. Recently painted, newer dual pane windows and roof, main sewer line replacement, separate on-site community laundry room for the remaining three units, and a recently passed LB fire-inspection. Individually Metered for Electric. Most units have been remodeled over the years. First time on the market in over 22 years. Constructed in the 1960s and includes a bonus owner's storage/workshop area too, along with clean nice secure laundry room with community washer and dryer. Only blocks to Alamitos and Junipero Beaches and in close proximity to CSULB, 2nd & PCH Shopping Center, LB Exchange and Hangar, several Golf Courses, Parks and Public Transit. Entertains frequent requests and inquiries for rental availability. Added Bonus - Unit #4 is currently vacant, clean, renovated and ready for you to occupy or a paying tenant at Close of Escrow. Proforma rents in analysis/estimates.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR34
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Quartz Counters, Recessed Lighting, Unfurnished
Heating Fireplace(s), Radiant
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type Family Room
Fireplace Yes
Appliance Electric Range, Electric Water Heater, Disposal, Range Hood
Laundry Common Area, Inside, Laundry Room, See Remarks, Stacked
Exterior
Garage Garage, Garage Door Opener, Community Structure, Storage, Tandem, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Gated, Park
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Parking Type Garage, Garage Door Opener, Community Structure, Storage, Tandem, Uncovered
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park, Near Public Transit, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7219008033
Security Features Gated Community,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Trust Deed
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Trust Deed
Financing Cash to New Loan,Conventional
Special Listing Condition Standard, Trust
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Bought with Daniel Jensen • Jensen Realty