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Key Details
Sold Price $2,070,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW14178005
Sold Date 01/19/15
HOA Y/N No
Year Built 1963
Lot Size 0.316 Acres
Property Description
Fully Occupied and Well Maintained 17 U. Income Property in Quiet Cul-De-Sac, *** 2 Buildings Consist of 13-2BR and 4-1BR, *** Gated Entrance For Tenant's Safety, *** Comparatively Lower Than Market Rent *** Huge Upside Potential ***Current Cap is 6%, Proforma Cap Will Be 7.7%***
***** DO NOT TALK TO TENANTS ***** DRIVE BY ONLY ***** SUBJECT TO INSPECTION *****
*****570 E. Pleasant is 9U. (7-2BR, 2-1BR) ***580 E. Pleasant is 8U. (6-2BR, 2-1BR)*****Buyer To Cooperate Seller's 1031 Exchange At No Cost*****
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Carport Spaces 4
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 12
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7130016013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Brian Kim • RE/MAX Diamond
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