$2,000,000
$2,150,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 10/30/2019
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW19134651
Sold Date 10/30/19
HOA Y/N No
Year Built 1946
Lot Size 6,969 Sqft
Property Description
We are pleased to present a charming 4-unit multifamily property located in Long Beach, CA. The newly renovated subject property consists of all 3-bedroom / 1-bathroom units. It consists of 4,258 rentable square feet spread throughout a 7,026 lot. This property has a great amount of potential to increase cash flow and ensure to meet current market rents. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living a short distance to local beaches, shopping, restaurants and nightlife in Downtown Long Beach and Belmont Shore.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR2S
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer, Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7249033022
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS
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Broker Associate | Lic# 01398838