We are pleased to present the exclusive opportunity to acquire to 4 units withing walking distance to Prime Downtown Long Beach. The property is comprised of 4 units with an ideal unit mix of (3) 1 bed 1 baths & (1) 2 bed 2 baths and a bonus room &… Read More kitchenette area. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals making it a unique opportunity for short-and long-term rentals alike. This is an incredible opportunity for a first time home buyer to take advantage of the generous City, State, and private Down Payment Assistance Grants while having their tenants subsidize their mortgage. Ask us how you can begin your generational wealth journey today! Read Less
Property listed by West Shores Realty, Inc., Austin Longwell 626-408-4420
Listing Snapshot
Days Online
31
Last Updated
Property Type
Quadruplex
Lot Size
0.1 Acres
Year Built
1946
MLS Number
SB25172198
30 Days Snapshot Of 90813
$444k
-27%
(avg) sold price
4
0%
homes sold
82
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1946, Building area total: 2,592, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
StreetLights, Sidewalks
Expenses
Gardener expense: $800, Insurance expense: $3,240, Maintenance expense: $3,131, New taxes expense: $11,875, Operating expense: $21,446, Water sewer expense: $2,400
Garage
1 space
Income
Gross income: $78,273, Net operating income: $53,305
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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