$2,275,000
$2,400,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
4,791 Sqft Lot
SOLD DATE : 08/06/2021
Key Details
Sold Price $2,275,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID TR20199381
Sold Date 08/06/21
HOA Y/N No
Year Built 1989
Lot Size 4,791 Sqft
Property Description
Rare opportunity to acquire a steady 100% rental occupancy (4.44% Cap Rate; value-add with strong occupancy trend), 6-unit townhouse-style 2-bedroom/2-bath units including in-unit washer/dryer built in 1989. Building entrance gate with security camera for enhanced access control and security in a prime Long Beach submarket, and great proximity to Wilson High School and Cal State Long Beach and adjacent to nearby entertainment amenities such as The Hangar at Long Beach Exchange and 2ND & PCH.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR3S
Interior
Interior Features Unfurnished, All Bedrooms Up
Heating Central, Natural Gas
Cooling None
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Washer
Laundry Gas Dryer Hookup, Inside, In Kitchen, Stacked
Exterior
Garage Covered, Carport
Carport Spaces 9
Pool None
Community Features Sidewalks
Parking Type Covered, Carport
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Multi/Split
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7241007027
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Anthony Walker • Buckingham Investments, Inc
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com