2142 Earl Avenue, Long Beach, CA 90806
- $790,000
- Sold Price
- $790,000
- List Price
- $798,000
- Closing Date
- Aug 09, 2023
- Status
- CLOSED
- MLS#
- PW23093924
- Year Built
- 1937
- Lot Size
- 6,260
- Acres
- 0.14
- Lot Location
- Back Yard, Rectangular Lot
- Days on Market
- 71
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Wrigley Area (Wr)
Property Description
Price Reduced $52,000!Charming Spanish Style Duplex in Wrigley Neighborhood. The property features two identical spacious 2bd/1bth units, over 1,000 SF each, on a large 6,260 SF lot with large shared backyard, and double car garage divided into 2 single cars with storage. The units feature beautiful hardwood floors, large living room, formal dining room, spacious bathroom and large bedrooms. Tenants pay most of their own utilities - electricity, gas and trash, Owner pays for the water. Lots of upside potential as rents are below market, and there is the opportunity to convert the garages to an ADU unit, potentially further increasing the rental income and property value. Both tenants eligible for max rent increase allowable under AB1482 9/1/2023. This is an amazing investment opportunity for any investor or owner occupant buyer.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $38,160
Listing courtesy of Listing Agent: Spencer Pabst (spabst@pabstkinney.com) from Listing Office: Pabst, Kinney & Associates.
Listing sold by Leslie Teater from eXp Realty of Greater Los Angeles, Inc.
Mortgage Calculator
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.