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Key Details
Sold Price $885,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24114669
Bedrooms 4
Lot Size 2,453 Sqft
Type of Financing Cash,Conventional,FHA,Land Contract,VA
Property Description
This property is a prime investment opportunity in a sought-after neighborhood of Long Beach. Conveniently located near the 710, 405 and PCH, this can be a commuters dream home or investment. Nestled on a charming tree-lined street with ample parking and excellent curb appeal, it offers flexibility for renting out both units or enjoying one while generating income from the other. The upstairs unit features 2 bedrooms, one of which has a spacious walk-in closet and 1 bathroom. It showcases a lovely covered front porch, perfect for entertaining, grilling or enjoying that coastal breeze. It has been re-vamped with new engineered hardwood floors throughout the large living area. Youll love how ample, roomy and bright the home feels. You can even add a third bedroom to generate more income to each unit since the living area is so spacious. The kitchen is gorgeous and conveniently features a separate laundry room and dining area. The downstairs unit, offers 2 bedrooms and 1 bathroom, a spacious living room and long term tenants. Both units have their own independent entrances and one car garage each with additional storage. Strategically located near shopping, entertainment, dining, fitness centers, and educational institutions, including Downtown Long Beach, this property is a fantastic income opportunity in an area poised for investment growth. Don't miss out on this gorgeous investment in a thriving community!
This property is a prime investment opportunity in a sought-after neighborhood of Long Beach. Conveniently located near the 710, 405 and PCH, this can be a commuters dream home or investment. Nestled on a charming tree-lined street with ample parking and excellent curb appeal, it offers flexibility for renting out both units or enjoying one while generating income from the other. The upstairs unit features 2 bedrooms, one of which has a spacious walk-in closet and 1 bathroom. It showcases a lovely covered front porch, perfect for entertaining, grilling or enjoying that coastal breeze. It has been re-vamped with new engineered hardwood floors throughout the large living area. Youll love how ample, roomy and bright the home feels. You can even add a third bedroom to generate more income to each unit since the living area is so spacious. The kitchen is gorgeous and conveniently features a separate laundry room and dining area. The downstairs unit, offers 2 bedrooms and 1 bathroom, a spacious living room and long term tenants. Both units have their own independent entrances and one car garage each with additional storage. Strategically located near shopping, entertainment, dining, fitness centers, and educational institutions, including Downtown Long Beach, this property is a fantastic income opportunity in an area poised for investment growth. Don't miss out on this gorgeous investment in a thriving community!
Location
State CA
County Los Angeles
Area Long Beach (90806)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Monthly Total Fees $39
Acceptable Financing Cash, Conventional, FHA, Land Contract, VA
Space Rent $1,900
Listing Terms Cash, Conventional, FHA, Land Contract, VA
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Bought with NON LISTED AGENT • San Diego
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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