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Key Details
Sold Price $820,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW16182869
Sold Date 10/31/16
HOA Y/N No
Year Built 1924
Property Description
Great opportunity to purchase a very well maintained 6 unit building in Downtown Long Beach. The subject property is made up of two separate structures, totaling 6 units and (4) single car garages. The building in front contains (4) 1bd/1bth units, and the rear building is made up of (2) 1bd/1bth units over 4 single car garages. The property is separately metered for gas and electricity. Current owner has maintained the property very well. Some of the units have granite countertops and nice tile flooring. Currently 3 of the 4 garages are used by the owner. At a $138,166 per unit, this is one of the best investment opportunities in Long Beach.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Interior
Fireplace No
Exterior
Parking Features Assigned, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Available
Total Parking Spaces 8
Private Pool No
Building
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7266004047
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Jonathan Swire • The Agency
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256