$700,000
$729,950
4.1%For more information regarding the value of a property, please contact us for a free consultation.
1456 Newport AVE Long Beach, CA 90804
5,880 Sqft Lot
Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW14246925
Sold Date 01/15/15
HOA Y/N No
Year Built 1949
Tax Year 2013
Lot Size 5,880 Sqft
Property Description
Very nice Circle area 4 units......3 separate buildings. Mix is 3/2 single family home, a 1 bedroom unit on top of detached 1 car garage, a studio in bottom section of garage, and a cute 1 bedroom cottage w/ private yard (stand alone). Tenants are long term but rents are fairly close to market...maybe a little room to increase. Laundry hook-ups in garage currently used by 1 tenant but could be transformed into "community" laundry for all tenants....potential $150-200 mo. income. Property has been maintained nicely....would be an excellent investment OR owner-occupied property. Close to CSULB, shops/stores in traffic circle area. Public transportation 1/2 block away on Anaheim. Please respect tenants rights.....do not disturb. Will be shown with acceptable offer. $4595 mo income equates to $55,140 GSI which is 13.24 GRM...very respectable numbers for this solid area!!! contact listing agents for details.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Exterior
Parking Features Assigned
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Street Lights, Suburban, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Connected
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story One
Entry Level One
Water Public
Architectural Style Traditional
Level or Stories One
Others
Senior Community No
Tax ID 7259012032
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with General NONMEMBER • CRMLS