3315 East 2nd Street, Long Beach, CA 90803

$1,599,000 Approx. USD 0 beds, 0 baths
4,087 sqft

Agent Remarks

HIGHLY SOUGHT AFTER 4PLEX IN PRIME BELMONT HEIGHTS LOCATION WITH A COVETED 2ND STREET ADDRESS. All 4 units are large Sq. Ft. with open floor plans featuring walk-in closets and large bedrooms. Built in 1958, The property consists of 1- 1bed/1 bath rented for $1330 with a carport, 1- owners unit 2bed/2bath rented for $2150 with 1 garage, dining room, inside laundry room and 2nd living room. The other 2 units are both 2 bed/2bath that have been completely rehabbed with new bathrooms, new kitchen including granite counter tops! The property is in pristine condition with no deferred maintenance. Total of 3 garages and 1 carport. Onsite laundry room brings additional income. Owner pays water only. Tenants pay for all other utilities. Rents are extremely low with tons of room to raise up to market price. PRICED TO SELL BASED ON PRO-FORMA RENTS AT A 3.5CAP AND 18 X GROSS. Trophy properties like this one do not come on the market often, hurry this property will not last long!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# PW16707063
List price is $1,599,000
Beds: 0
Baths: 0
Built in 1958
4,087 sqft
0.12 acres
Lot size: 5294.000
County: Los Angeles
Zoning: LBR3S
Parking description: Assigned
MLS area: 2 - Belmont Heights, Alamitos Heights

Last Updated: 10/14/2016

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This listing belongs to the 2 - Belmont Heights, Alamitos Heights MLS area

The listing is zoned LBR3S.
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Lat/Long: 33.763889, -118.153091.
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Broker: Courtesy of Main Street Realtors
Listing Agent: Kristina Moore

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