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$1,350,000
Est. payment /mo
3,496 Sqft Lot
UPDATED:
01/15/2025 01:43 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25009113
Originating Board California Regional MLS
Year Built 1954
Lot Size 3,496 Sqft
Property Description
Highly desired area! New industrial and wharehouse buildings being build near by at 5860 Paramount Blvd, 5880 Paramount Blvd, 5910 Cherry Ave which will include over 500 permanent jobs near by. This gated property is located in Long Beach near Bixby Knolls area with plenty of restaurants and local shopping. It is a 4-plex with two studio units and two units with 2 bedrooms with one having 2 bathrooms and the other with 1 bathroom with his/her sink. Property gross revenue annually $91,972. Monthly utilities (water, gas, electric, trash) varies about $900 month. Utilities runs on 1 meter and divided up by tenants. Property has parking in the back for 4 vehicles and a 2 car garage with a total of 6 potential parking. The units had some updated in 2017 and 2018 with 3 of the units having laminate floor. Unit A and Unit D are pictures from 2018. Potential to make the garage into an ADU Unit #A - 2 bedrooms and 1 bath with double sink , has Central Air Unit #B- Studio with a separate kitchen Unit #C- Studio with large closet and bathroom, Unit #D-2 bedroom and 2 bathroom with large living room and 2 car garage and small patio area, has Central Air Disclosure We obtained the following information above from sources we believe to be reliable. However we have not verified
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Rooms
Kitchen Other
Interior
Heating Wall Furnace , Central Forced Air
Cooling Central AC, Window / Wall Unit
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Assigned Spaces
Garage Spaces 2.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 7123014019
Special Listing Condition Not Applicable
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Listed by Aneta Ayrapetyan • Equity Union