$910,000
$979,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
1,856 SqFt
SOLD DATE : 10/26/2023
Key Details
Sold Price $910,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $490
MLS Listing ID CRPW23091917
Sold Date 10/26/23
Bedrooms 4
HOA Y/N No
Year Built 1977
Lot Size 5,225 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
What a cozy duplex in Long Beach! Both units are exquisitely remodeled and identical to each other. This property is ideal for an owner-user looking to live in and rent out the other (actual rent $2,400). With the total current rent of $4,700 per month or well above 4% cap rate, it is also an excellent fit for a value-add investor. Each unit has 2/1.5, laundry hookup and their own private outdoor space for tenants’ use. Ample 6 parking spaces with (3) one-car garages and plenty of off-street parking. This duplex home is undemanding to maintain and conveniently located with very easy access to 710, 405 and 91. Quiet neighborhood and walk to LA River Trail and bike path. Must see for anyone interested in the thriving city of Long Beach real estate. Drive by only. Please do not disturb the long term tenants. For the owner-user buyer, the back unit will be delivered free to move in before closing.
Location
State CA
County Los Angeles
Zoning LBR1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s), Other
Flooring Laminate, Carpet, Wood
Fireplace No
Appliance Gas Water Heater
Laundry Other
Exterior
Exterior Feature Back Yard, Other, Garden
View Y/N true
View Other
Handicap Access Other, Accessible Doors
Total Parking Spaces 6
Building
Lot Description Level, Other, Back Yard, Garden
New Construction No
Others
Tax ID 7132013017
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Bought with KittyCallahan
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