Long Beach, CA 90804,1456 Newport AVE

$700,000

$729,950

4.1%
Est.Price: ?

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Est. payment /mo

5,880 Sqft Lot


SOLD DATE : 01/15/2015

Key Details

Sold Price $700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID PW14246925

Sold Date 01/15/15

HOA Y/N No

Year Built 1949

Tax Year 2013

Lot Size 5,880 Sqft

Property Description

Very nice Circle area 4 units......3 separate buildings. Mix is 3/2 single family home, a 1 bedroom unit on top of detached 1 car garage, a studio in bottom section of garage, and a cute 1 bedroom cottage w/ private yard (stand alone). Tenants are long term but rents are fairly close to market...maybe a little room to increase. Laundry hook-ups in garage currently used by 1 tenant but could be transformed into "community" laundry for all tenants....potential $150-200 mo. income. Property has been maintained nicely....would be an excellent investment OR owner-occupied property. Close to CSULB, shops/stores in traffic circle area. Public transportation 1/2 block away on Anaheim. Please respect tenants rights.....do not disturb. Will be shown with acceptable offer. $4595 mo income equates to $55,140 GSI which is 13.24 GRM...very respectable numbers for this solid area!!! contact listing agents for details.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Fireplace No

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Garage

Exterior

Garage Assigned

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights, Suburban, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Connected

Parking Type Assigned

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story One

Entry Level One

Water Public

Architectural Style Traditional

Level or Stories One

Others

Senior Community No

Tax ID 7259012032

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Pam Luckey • Coldwell Banker Coast Allianc
Bought with General NONMEMBER • CRMLS
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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