$805,000
$799,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
3,405 SqFt
SOLD DATE : 05/13/2022
Key Details
Sold Price $805,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,405 sqft
Price per Sqft $236
Subdivision North Long Beach (Nlb)
MLS Listing ID OC22001682
Sold Date 05/13/22
HOA Y/N No
Year Built 1950
Lot Size 4,726 Sqft
Acres 0.1085
Property Description
Great investment opportunity. Cash flow opportunity!!! NEW ZONING changed last year. From commercial designation to residential/mixed usage. A MUST see. Growth and opportunity in the area. Please check with the City. Great for anyone that wants cash flow as is or an investor who wants to convert all units to residential. Currently, the building sits as Residential and Commercial. There are 2 residential units upstairs. There is a 3-bedroom 1 bath upstairs. The residential studio upstairs has been completely upgraded with new paint, new lighting, new floor, new mini split AC, and new kitchen. The 2 commercial units downstairs have been updated with new paint. The building is newly painted. The 3 car garage has been newly painted with new garage doors. Additional street parking is readily available. A great property with such a competitive market! Residential sq footage is listed with a total of approx 1692. Commercial space one is approx 866 and the other is 984 with an approx total of 1850.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7124017013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David Shorter • David Shorter, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "