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Key Details
Sold Price $785,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW14095404
Sold Date 06/25/14
HOA Y/N No
Year Built 1961
Tax Year 2013
Lot Size 9,104 Sqft
Property Description
Charming 6 unit apartment building located in a nice North Long Beach community in an area with predominantly single family homes. Building comprised of one 4 bedroom/2bath, 0ne 1 bedroom/1 bath, and four 2 bedroom/one bath, along with three garages. Our comparable market analysis indicates that ACTUAL RENTS ARE APPROXIMATELY 38% UNDER MARKET. The buildings are separately metered for both gas and electricity. This is an excellent opportunity to acquire a well maintained apartment building in a strong rental market. Rents are actual, expenses are estimated.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 3.0
Garage Description 3.0
Fence Wood
Pool None
Community Features Sidewalks
Utilities Available Sewer Available
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7124007002
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Camille Jasmin • Keller Williams Palos Verdes
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