Great opportunity for first-time investors, savvy investors, and not to forget buyers who are looking to offset their mortgage with rental income. This income producing property includes 4 total units consisting of 3 one-bedroom | one-bath units and 1 two-story, two-bedroom | one and a half-bath unit. There are also approved plans and permits for an ADU to be built inside one of the garages that could add an estimated additional $20K of annual income. Some construction has already been done. Property also features a laundry room, separate gas electric meters, and parking. Property has a tremendous amount of upside.
|
DAYS ON MARKET
|
167
|
LAST UPDATED
|
10/4/2024
|
|
YEAR BUILT
|
1942
|
COMMUNITY
|
North Long Beach
|
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| School District |
Long Beach Unified |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Disposal |
| AREA |
North Long Beach |
| FIREPLACE |
Yes |
| GARAGE |
Concrete, Converted Garage, Door-Multi, Garage, Yes |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
5964 sq ft |
| PARKING |
Converted Garage,Concrete,Door-Multi,Garage |
| POOL DESCRIPTION |
None |
| STORIES |
2 |
| STYLE |
Bungalow |
| VIEW DESCRIPTION |
None |
| ZONING |
LBR1N |
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Listed with 1917 Brokerage
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/27/24 5:06 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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