$785,000
$775,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
5,332 SqFt
SOLD DATE : 06/25/2014
Key Details
Sold Price $785,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,332 sqft
Price per Sqft $147
Subdivision North Long Beach (Nlb)
MLS Listing ID PW14095404
Sold Date 06/25/14
HOA Y/N No
Year Built 1961
Tax Year 2013
Lot Size 9,104 Sqft
Acres 0.209
Property Description
Charming 6 unit apartment building located in a nice North Long Beach community in an area with predominantly single family homes. Building comprised of one 4 bedroom/2bath, 0ne 1 bedroom/1 bath, and four 2 bedroom/one bath, along with three garages. Our comparable market analysis indicates that ACTUAL RENTS ARE APPROXIMATELY 38% UNDER MARKET. The buildings are separately metered for both gas and electricity. This is an excellent opportunity to acquire a well maintained apartment building in a strong rental market. Rents are actual, expenses are estimated.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Fireplace No
Laundry CommonArea
Exterior
Garage Assigned
Garage Spaces 3.0
Garage Description 3.0
Fence Wood
Pool None
Community Features Sidewalks
Utilities Available SewerAvailable
View Y/N No
View None
Roof Type Composition
Parking Type Assigned
Total Parking Spaces 3
Private Pool No
Building
Lot Description BackYard
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7124007002
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Conventional
Special Listing Condition Standard
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Bought with Camille Jasmin • Keller Williams Palos Verdes
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "