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$ 1,595,000
Est. payment | /mo
5 Beds
4 Baths
6,214 Sqft Lot
$ 1,595,000
Est. payment | /mo
5 Beds
4 Baths
6,214 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Circle (Ca)
MLS Listing ID SB26196309
Bedrooms 5
Lot Size 6,214 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction South of Anaheim, East of Redondo
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7254012019
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Anthony Walker, DRE#01908153 Buckingham Investments, Inc
Nearby Locations
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Johnny Fitzmaurice