Thank you
Ricardo Parada
Berkshire Hathaway HomeServices California Properties
626-913-2808
Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1929
Building Area Total: 3,008
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1298
Lot Size Source: Assessor
Lot Size Square Feet: 5654
Original List Price: 1,388,000
Listing Contract Date: 2023-07-17
Listing Agreement: Exclusive Right To Sell
Parcel Number: 7126036027
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 7 - North Long Beach
Postal Code Plus 4: 5220
Directions: E/710 Fwy S/91 Fwy
Zoning: LBCMR
Source Property Type: Residential Income
Area: 7 - North Long Beach
Property SubType: Mixed Use
Property Age: 95
Common Walls: 2+ Common Walls
Structure Type: Mixed Use
Year Built Source: Assessor
Entry Level: 1
Entry Location: Street
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6950 Atlantic Avenue, Long Beach, CA,90805 | $327,777 | -- | -- | -- | 4827 Sqft |
1202 E Plymouth Street, Long Beach, CA,90805 | $995,000 | -- | -- | 3,200 | 6973 Sqft |
5530 Ackerfield Avenue .., Long Beach, CA,90805 | $420,000 | 2 | 1 | 876 | 172811 Sqft |
6954 Lime Avenue, Long Beach, CA,90805 | $1,325,000 | 3 | 2 | 3,271 | 19965 Sqft |
5535 Ackerfield Avenue .., Long Beach, CA,90805 | $475,000 | 3 | 2 | 1,069 | 82432 Sqft |
907 Paradise Lane, Long Beach, CA,90805 | $279,000 | 3 | 1 | -- | -- |
6428 Johnson Avenue, Long Beach, CA,90805 | $710,000 | 3 | 2 | 1,252 | 5647 Sqft |
489 E 55th St, Long Beach, CA,90805 | $1,600,000 | -- | -- | -- | 7549 Sqft |
191 W Harcourt Street, Long Beach, CA,90805 | $1,099,000 | 4 | 3 | 2,047 | 5555 Sqft |
7090 N Atlantic Place, Long Beach, CA,90805 | $1,050,000 | 6 | 4 | 3,188 | 5003 Sqft |
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ByOwner last updated this listing 05/03/2024 @ 23:48
MLS: TR23130001
LISTED BY: Ricardo Parada, Berkshire Hathaway HomeServices California Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.