249 Grand Ave is a true pride-of-ownership opportunity that has been meticulously maintained and upgraded throughout. Situated in a premier
pocket of the Belmont Heights submarket, this area stands out from any other pocket of Long Beach because of the wide, tree-lined streets and
low density neighborhood surrounded by single family homes. This gem features three units with a great mix of (2) 2 bedroom + 1 bath and (1) 1
bedroom + 1 bath units, all sitting on a 6,522 sqft lot! Step inside to discover stunning windows that flood the interior with natural light,
highlighting the attention to detail found throughout. The current owner has installed dedicated electrical, gas and water meters for each unit.
Landlord pays zero utilities. This building reflects a blend of classic charm and contemporary comfort. Additionally, there is a private patio to
provide the front building tenants with a tranquil setting for relaxation or entertainment. For the upstairs units, a major capital improvement
added a private deck for the tenants; quiet enjoyment. All major electrical has been replaced, as well as most of the plumbing throughout the
building. With its prime location and major capital improvements, this property presents a fantastic opportunity for investors who are looking to
enjoy the vibrant lifestyle that Long Beach has to offer. Please do not disturb the tenants and inquire for further information.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/10/2024 @ 08:51
MLS: SB24056646
LISTED BY: Stephen Takahashi, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Buyer agent to receive 3% fee with full list closing.
