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Key Details
Sold Price $750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID RS22157108
Sold Date 09/19/22
HOA Y/N No
Year Built 1966
Lot Size 5,209 Sqft
Property Description
PURSUANT to Assessor's records, this 4-pex was built in 1966; comprised of FOUR one-bedroom/one bathroom units, averaging 530 sq.ft. each. ............................................................................................................................................................................................................................................ THE strongest assets of the property are its construction age and modern floor plan that boasts: a good size Living room, Bedroom with large clothes closet and separate linen closet, Full Bathroom, Dining room, and well laid out Galley Kitchen with washer hook-up and room for dryer.
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THE modern, 4-sided, stucco-clad structure under one roof makes for easy exterior maintenance, both for long term and monthly routine clean-up.
............................................................................................................................................................................................................................................. THE rear parking lot is large enough to provide off street parking for 4 cars lined up along the north, side wall of the property; that can easily drive in, park, and easily back-up and drive out. A future garage with TWO additional units above the garage may be a possibility worth exploring.
............................................................................................................................................................................................................................................. THE weakest asset of the property is its Non-Loanable Condition due to vandalism from squatters and deferred maintenance.
Accordingly, Only CASH Offers will be accepted. Additionally, it should be noted that the property is part of a PROBATE SALE.
............................................................................................................................................................................................................................................. DO NOT DISTRUB TENANTS or Walk onto the property without an advance scheduled appointment and listing agent present.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR2N
Interior
Interior Features Open Floorplan
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features Asphalt, Uncovered
Pool None
Community Features Curbs, Park, Sidewalks
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7124017017
Acceptable Financing Cash
Listing Terms Cash
Financing Cash to Loan
Special Listing Condition Probate Listing, Trust
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Bought with Deanna Tan • Pleasant Home Realty