$860,000
$912,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1500 Magnolia AVE Long Beach, CA 90813
2,634 SqFt
Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,634 sqft
Price per Sqft $326
Subdivision Downtown (Dt)
MLS Listing ID CV21110595
Sold Date 10/26/21
HOA Y/N No
Year Built 1918
Lot Size 3,149 Sqft
Acres 0.0723
Property Description
Located just south of Pacific Coast Highway, this property consists of 4 units: a 4-bedroom, 2-bath, a 2-bedroom, 1- bath and two 1-bedroom, 1-bath units with a 2 attached single garages. All kitchens and bathrooms need some TLC and separate hot water heaters. Each unit is individually metered for gas and there are two electric meters, one for the downstairs unit and one for the three smaller units upstairs. This building makes a great addition to any investor's portfolio.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4N
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling None
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights, Sidewalks, Park
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, No Landscaping, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269038012
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Yingli Thurston • Frontier Realty