$975,000
$925,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1,964 SqFt
SOLD DATE : 05/27/2022
Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $496
Subdivision North Long Beach (Nlb)
MLS Listing ID OC22064171
Sold Date 05/27/22
HOA Y/N No
Year Built 1944
Lot Size 6,856 Sqft
Acres 0.1574
Property Description
Great Area of Long Beach! Located in one of the strongest rental markets in California! 1672 E 56th St is a triplex located in North Long Beach. Built
in 1944 consisting of 1,964 Square Feet of living space nicely situated on a great 6,858 Square Feet lot. This property offers a great unit mix which
includes (2) 2-Bed/1-Bath units and (1) studio. The property has been well maintained and features a fenced-in back yard with a nicely remodeled
studio. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low. Great
Cash Flow incoming property at a 6% CAP, AS IS. With upside potential. Schedule your showing today!!!
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR2N
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Interior
Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Landscaped
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7128026021
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Sean Stanfield • Pacific Sotheby's Int'l Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "