$1,056,000
$1,140,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
6,507 Sqft Lot
SOLD DATE : 10/28/2024
Key Details
Sold Price $1,056,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW24125597
Sold Date 10/28/24
HOA Y/N No
Year Built 1911
Lot Size 6,507 Sqft
Property Description
Few Blocks from the ocean, these three units on a 6,507 sq ft lot in Long Beach. No shared walls! Each unit is a free-standing, separate bungalow and feels like its own house.
The front house has original charm. Two stories, remodeled kitchen with granite counters and stainless appliances, claw foot bathtub in the upstairs bath, large living room with wood floors, large, attached laundry room with extra storage, walk-in closets, and gated front yard. The front house is 3 bed, 3 bath, 1,431 sq ft.
The two back houses were built in the 1950s. One is 3 bed, 2 bath (currently vacant). The other is 2 bed, 1 bath. They have new vinyl windows and new roofs with gutters. Both have newer forced air heaters and water heaters.
The lot feels private and safe. A wood fence provides privacy. The front and back yards are no-maintenance artificial turf. All homes have newer exterior paint.
This property is an excellent income-generating investment for an investor or owner-occupant looking for steady income from units that are easy to rent.
There are many commercial buildings and churches near so street parking is available.
THIS PROPERTY QUALIFIES FOR COMMUNITY INCENTIVE PROGRAM WITH REDUCED INTEREST RATES.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Heating Central
Cooling Central Air
Flooring Carpet, See Remarks, Vinyl
Fireplaces Type Dining Room, Kitchen, Living Room
Fireplace Yes
Appliance Gas Water Heater
Laundry Inside
Exterior
Parking Features Driveway
Fence Wrought Iron
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Neighborhood
Accessibility See Remarks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 2
Sewer Public Sewer
Water Public
Architectural Style Victorian
New Construction No
Others
Senior Community No
Tax ID 7274012012
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Marc Habib • Buckingham Investments, Inc
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Broker Associate | Lic# 01398838