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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $370
Subdivision North Long Beach (Nlb)
MLS Listing ID PW22042057
Sold Date 08/22/22
Bedrooms 12
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1964
Lot Size 5,057 Sqft
Property Description
All units living long term tenants, excellent income generation property in popular area of Long Beach, An opportunity to acquire a 4-unit multifamily building, All 4 units are 3 bedrooms & 1.5 bathrooms property is has been heavily and completely remodeled, The current owner has spent over $200,000 on improvement including electric panels, roof, dual pane windows, laminate flooring (no carpet), kitchen cabinet, granite counter top & appliances, bathrooms w/fixtures throughout, wall heater, recessed lightings on entire units, copper plumbing, 4 separate electrical meters, new interior & exterior paint, new gated carport for 4 cars space w/new roof, extra sound proof protection on flooring between first and second floor, on-site coin operated laundry room w/2washers & 2dryers for 4units, new driveway, This property is also conveniently located to several freeways and public transportation. any renter would be happy to live here! Tenants are on with full 1 month security deposit and fully executed rental agreement, City of Long Beach market has always enjoyed strong rental growth and with lots of redevelopment it seems this will continue for years to come. Make your offers subject to inspection and approval, sale as-is, no sign on property, * PLEASE DO NOT DISTURB TENANTS* * DRIVE BY ONLY * !!!
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBCCA
Rooms
Main Level Bedrooms 3
Interior
Interior Features Granite Counters, Open Floorplan, Recessed Lighting
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Disposal, Gas Oven, Gas Range
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Sewer Connected, Water Connected
View Y/N No
View None
Porch None
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Long Beach Unified
Others
Senior Community No
Tax ID 7120008005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Lekeshia Cunningham • Iberri & Associates Real Estat