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Key Details
Sold Price $2,100,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision ,Unkown
MLS Listing ID OC21229684
Sold Date 03/21/22
HOA Y/N No
Year Built 1964
Lot Size 5,850 Sqft
Property Description
Great value add opportunity to own a cash flowing 6 unit investment asset located on a palm tree lined residential street in beautiful Eastside Long Beach.
Being less than 2 miles from both CSULB and the beach, it is a prime location of Eastside Long Beach.
With under market rents, an investor has the opportunity to add value and increase revenue. Additionally, laundry and carport revenue can be captured. Possibility to raise rates to market, or higher with interior renovation.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR3S
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport
Carport Spaces 5
Pool None
Community Features Gutter(s), Suburban
Total Parking Spaces 5
Private Pool No
Building
Lot Description Paved
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7241005028
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Trust
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Bought with Austin Carr Realty One Group United