513 Temple Avenue, Long Beach, CA 90814

$1,229,000 Approx. USD 0 beds, 0 baths
4,325 sqft

Agent Remarks

You’d Be Crazy to Miss This! Borderline Belmont Heights/Eastside— Large Statewide 4plex, all electric building (tenants pay utilities) w/4,325 sq ft of interior living space and 5 garages. Walking distance to the beach. Front 3BR/2BA has massive stone fireplace, interior laundry hook-ups and private, enclosed patio. Rear three 2BR/2BA units are about 1,000 sq ft ea. All units have stoves, refrigeratorsd and dishwashers. Tenant courtyard in the rear. Property does require some maintenance and improvements which is reflected in the price which is approximately $150,000 less than recent comparable sales. Pro-form rents are used in analysis. Try $313,000 down for an estimated $1,550/mo cash flow. 4.7% APR Excellent area. Excellent investment.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW16175745
List price is $1,229,000 Reduced by $25,900 on 9/12/2016
Beds: 0
Baths: 0
Living Room,Patio fireplaces
Built in 1969
4,325 sqft
2 stories
County: Los Angeles
Interior features: Cathedral-Vaulted Ceilings
Appliances: Dishwasher,Electric Stove,Garbage Disposal
Heating description: Electric,Radiant
MLS area: 3 - Eastside, Circle Area

Last Updated: 2/23/2017

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This listing belongs to the 3 - Eastside, Circle Area MLS area

Lat/Long: 33.772949, -118.159241.
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Broker: Courtesy of Keller Williams Pacific Estate
Listing Agent: Cheryl Cotton

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The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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