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Key Details
Sold Price $1,390,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID DW24096231
Sold Date 09/03/24
HOA Y/N No
Year Built 1923
Lot Size 6,969 Sqft
Property Description
Back on the Market 07/05/2024. California Dreamin' Own a Piece of the Future in Long Beach!
This captivating detached fourplex offers a unique opportunity for investors and owner-occupants alike. Nestled in the heart of vibrant Downtown, Long Beach, this California Bungalow property boasts an approx. 3,000 square feet, a fantastic walkable location near the Beach and 3 individual Garages+
The crown jewel is the stunning main house, newly remodel in 2017. This 4-bedroom, 2-bathroom residence offers modern living with a touch of classic California charm. Perfect for an owner-occupant, it provides a comfortable and stylish home base.
But that's not all! Three additional units, each with 2 bedrooms and 1 bathroom, create a steady rental income stream. With one unit currently vacant, this property presents an ideal scenario for first-time homebuyers seeking an FHA financing option or a savvy investor looking to expand their portfolio.
The cherry on top? This exceptional property resides in an Opportunity Zone, offering potential tax benefits.
Don't miss this chance to own a piece of the future in a thriving community! Contact us today to schedule a showing.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Rooms
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup
Interior
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Assigned, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Urban
Parking Type Assigned, Garage
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre, Near Public Transit
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7266003007
Acceptable Financing Conventional, 1031 Exchange, FHA, Fannie Mae, Private Financing Available, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, Fannie Mae, Private Financing Available, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Jesse Blanchet • New Century Realtors
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