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Key Details
Sold Price $770,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID CV18027525
Sold Date 10/02/18
HOA Y/N No
Year Built 1960
Property Description
725 E Artesia Blvd consists of one storefront retail unit and five apartment units. Located on a well trafficked corridor with great visibility and convenient access to the 710 and 91 Freeways. The property offers stable income with immediate potential to increase the rents. The property has been well maintained but presents an opportunity to improve building aesthetics enabling an investor to capitalize on market rents and high rental demand after renovation.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBCCA
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7115004003
Energy Description 750.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with TIM STEUERNOL • NAI CAPITAL, INC.
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