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Key Details
Sold Price $1,728,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21709562
Sold Date 09/08/21
HOA Y/N No
Year Built 1968
Lot Size 6,969 Sqft
Property Description
Excellent remodeled 6-unit building with great rents, ample parking, and more upside in north Long Beach. Building infrastructure has had many upgrades, including new copper plumbing throughout, new ABS sewer line, new breaker boxes, hardwood floors, and reconditioned roof. 5 of the 6 units have gone through extensive remodeling, and delivered with reliable tenants who have yet to miss any rental payments in the last years. The building has 7 one-car garages as well as an additional uncovered parking spot in front of each, 14 parking spots total. Coin operated laundry room in the rear services the building and provides additional income. Turn-key property with low maintenance and low expenses, great value with additional income upside and easy access to freeways, the beach, parks, and restaurants.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR1N
Interior
Interior Features Ceiling Fan(s)
Flooring Wood
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway, Garage
Pool None
Private Pool No
Building
Story 2
Sewer Other
Others
Senior Community No
Tax ID 7127024029
Special Listing Condition Standard
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Bought with Ari Gharib • LFA Multifamily Inc.
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935