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$ 1,649,000
Est. payment | /mo
8 Beds
4 Baths
5,881 Sqft Lot
$ 1,649,000
Est. payment | /mo
8 Beds
4 Baths
5,881 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID SB26192471
Bedrooms 8
Lot Size 5,881 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Well-located 4-unit income property in the Greenbelt Heights pocket of Long Beach's Recreation Park neighborhood, just north of Belmont Heights. All four units are large 2-bed/1-bath floor plans with in-unit laundry, an individual water heater, and separate gas and electric meters. Two units are fully renovated with new kitchens, baths, flooring, appliances, and laundry hookups; the other two are occupied by long-term residents. Unit D includes a private, 600+ SF fenced sun deck. Seven total parking spaces: 3 single-car garages with tandem driveway parking, plus 1 open space. Currently producing $115,260 in annual rent. Ideal owner-user play live in one unit and let the other three help cover the mortgage (FHA/conventional financing may apply on 4 units or fewer verify with lender). Minutes to Recreation Park, Colorado Lagoon, Marine Stadium, Belmont Shore's 2nd Street, CSULB, and Wilson High School. Buyer to verify all information.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 8th and Mira Mar
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7254016003
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Christopher Van Vuuren, DRE#02060007 Lyon Stahl Investment Real Estate, Inc.
Nearby Locations
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Johnny Fitzmaurice