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Key Details
Sold Price $1,360,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW15257958
Sold Date 03/10/16
HOA Y/N No
Year Built 1962
Lot Size 7,013 Sqft
Property Description
HIGHLY SOUGHT AFTER 1960'S CONSTRUCTION!! 9 UNITS CONSISTING OF 8 - 2BED/1BATH AND 1- 3 BED/1BATH. PROPERTY HAS 6 GARAGES THAT COULD BE RENTED OUT FOR ADDITIONAL INCOME. SEPARATELY METERED FOR GAS AND ELECTRIC. ONSITE LAUNDRY ROOM COULD BRING ADDITIONAL INCOME OF ABOUT $125/MONTH
SELLER PAYS WATER ONLY FOR THE PROPERTY. TENANTS PAY ALL OTHER UTILITIES.
**PRICED TO SELL!! 6 CAP AND 11.1 X GROSS **
DON'T MISS OUT ON THIS PRIME INVESTMENT OPPORTUNITY! WILL NOT LAST LONG!!
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Fireplace No
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights
Utilities Available Sewer Available
Total Parking Spaces 12
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 7125009012
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Jonathan Swire • The Agency
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