Spanish

2015 E 7TH Street

Long Beach , CA 90804

MLS#: 14791041

$749,000

Status: Closed
Listing number: 14791041
Listing provided by: New Hope Realty, Inc.
Listing agent phone: None
Last update: 2 years ago
On site: 10 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1919

Sq.Footage

N/A

Excellent income property in the North Alamitos Beach area. Definitely a cash cow with gross scheduled income of almost $6,000 a month. Recently renovated Spanish style building with wood plank vinyl flooring & granite look kitchens. Building consists of one 4-bed, 2-bath unit; two 3-bed, 1-bath units, one 3-bed, 2-bath unit, and a basement. All units are rented. The 4/2 is rented for $1595 per month. Both 3/1s and the 3/2 are rented for $1350; the basement is rented for storage for $100. Gated back area has eight parking spaces, patio, yard, orange and avocado trees. Building is 13 blocks to the public beach and bike path. Next to multiple bus routes & close to Cal State Long Beach. Owner pays water; tenants pay electric, gas and trash. No rent control. In January 2015 the building was earthquake retrofitted, and a new roof was put on - both projects were approved by city inspectors. Copper plumbing. Excellent opportunity to acquire 4-plex that requires little to no renovation!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

Exterior

  • Garage

    No

  • Parking

    Assigned

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.145

  • Property Type

    Residential Income

  • Architectural Style

    Spanish

Price

  • Sales Price

    $749,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Carle Hallen , New Hope Realty, Inc.

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Excellent income property in the North Alamitos Beach area. Definitely a cash cow with gross scheduled income of almost $6,000 a month. Recently renovated Spanish style building with wood plank vinyl flooring & granite look kitchens. Building consists of one 4-bed, 2-bath unit; two 3-bed, 1-bath units, one 3-bed, 2-bath unit, and a basement. All units are rented. The 4/2 is rented for $1595 per month. Both 3/1s and the 3/2 are rented for $1350; the basement is rented for storage for $100. Gated back area has eight parking spaces, patio, yard, orange and avocado trees. Building is 13 blocks to the public beach and bike path. Next to multiple bus routes & close to Cal State Long Beach. Owner pays water; tenants pay electric, gas and trash. No rent control. In January 2015 the building was earthquake retrofitted, and a new roof was put on - both projects were approved by city inspectors. Copper plumbing. Excellent opportunity to acquire 4-plex that requires little to no renovation!

2015 E 7TH Street

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