5960 Olive Avenue, Long Beach, CA 90805

$699,000
1,770
SqFt
List Price
$699,000
Status
ACTIVE
MLS#
21694120
Year Built
1963
Living Sq. Ft
1,770
Lot Size
4,988
Acres
0.11
Days on Market
17
Property Type
Multifamily

Property Description

This "value-add" Long Beach duplex is a great find. This asset has great curb appeal and both units are completely separate 2+1 buildings with long-term tenants. Both are charming traditionals on a beautiful tree-lined street. Property is located in a terrific neighborhood near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.

Additional Information

Number Of Units Total
2
Unit One Total Units
1
Unit One Beds
2
Unit One Baths
1
Unit One Actual Rent
1300.00
Unit One Total Rent
1300.00
Unit One Pro Forma
2000
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
1
Unit Two Actual Rent
1350.00
Unit Two Total Rent
1350.00
Unit Two Pro Forma
2000
Unit Two Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Scott Nell from Keller Williams Realty Encino-Sherman Oa

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.