1760 Park Avenue, Long Beach, CA 90815

$2,095,000
4,776
SqFt
List Price
$2,095,000
Price Change
▼ $100,000 1602069068
Status
ACTIVE
MLS#
20635856
Year Built
1949
Living Sq. Ft
4,776
Lot Size
8,748
Acres
0.2
Days on Market
202
Property Type
Multifamily

Property Description

Beautiful 5-unit multifamily in one of Long Beach's best neighborhoods, within walking distance to the Traffic Circle. This is a newly renovated property with 6 rentable units. The front unit is a 3 bedroom 2 bath house. In the rear, there are four 2 bed 1 bath units (built in 1960) + a large highly-desired rec room w/ bathroom and kitchen (1986 permit). Interiors have been remodeled with new furnaces, LVP flooring, quartz countertops, brand new kitchen and bathrooms, stainless steel appliances, lighting, and more. All units have separate gas and electric meters. Exterior has a new roof, concrete, stairs, and much more. There are 9 parking spots on the premises, and a laundry/dryer room. Only 3/4 mile from CSULB campus, and walkable to many shops, restaurants, and more. Lots of students living in this quiet neighborhood. Perfect investment opportunity with great rental income and amazing tenants!

Additional Information

Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Heat
Floor Furnace
Cooling Description
None
Number Of Units Total
5
Unit One Total Units
1
Unit One Beds
3
Unit One Baths
2
Unit One Actual Rent
2495.00
Unit One Total Rent
2495.00
Unit One Pro Forma
2495
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
1
Unit Two Actual Rent
1995.00
Unit Two Total Rent
1995.00
Unit Two Pro Forma
1995
Unit Two Furnished
Unfurnished
Unit Three Total Units
1
Unit Three Beds
2
Unit Three Baths
1
Unit Three Actual Rent
1995.00
Unit Three Pro Forma
1995
Unit Three Furnished
Unfurnished
Unit Four Total Units
1
Unit Four Beds
2
Unit Four Baths
1
Unit Four Actual Rent
1850.00
Unit Four Total Rent
1850.00
Unit Four Pro Forma
1850
Unit Four Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Charles Chang from Charles Chang

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.