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Key Details
Sold Price $1,320,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW21121486
Sold Date 09/17/21
Construction Status TermiteClearance
HOA Y/N No
Year Built 1924
Lot Size 3,223 Sqft
Property Description
Location-Location! Less than 4 blocks to the beach! Check out the Walking Score of 91. You can't find a building surrounded with so much activities and places to go, while be located on a quiet, one-way street. There are 4 Two-Bedroom One-Bathroom units. The downstairs units have some updating, hardwood floors, and back doors to the large patio area and community laundry. The Upstairs units feature carpet throughout, and access to the shared front balcony. One downstairs unit will be turning over at end of October. Other 3 tenants have been living in building for multiple years. All tenants are on a month-to-month agreement. Laundry equipment is owned and will convey with property. Appliances have been replaced as needed in each unit. Halogen lighting installed installed throughout about 5 yrs ago, though some have been replaced since. Downstairs units were occupied by a prior owner and updated during his ownership. Building has routine pest control and was tented in 2019. Don't miss out on this opportunity for a great, easy to own and operate 4 unit building. Currently, state rent control and Covid 19 restrictions apply. All tenants month to month
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR1N
Interior
Interior Features Balcony, CeramicCounters, TileCounters, Unfurnished
Heating WallFurnace
Cooling None
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, GasRange, Refrigerator
Laundry CommonArea
Exterior
Parking Features None
Fence Block
Pool None
Community Features StormDrains, StreetLights, Suburban, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Flat
Private Pool No
Building
Lot Description SprinklersNone, Walkstreet
Faces South
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Construction Status TermiteClearance
Others
Senior Community No
Tax ID 7275016009
Energy Description 300.0
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Item1031Exchange
Financing CashtoLoan
Special Listing Condition Standard
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Bought with Cody Charnell • Buckingham Investments
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935