$1,500,000
$1,525,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
331 Euclid AVE Long Beach, CA 90814
5 Beds
4 Baths
2,500 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $600
Subdivision Belmont Heights (Bh)
MLS Listing ID PW20259136
Sold Date 02/04/21
Bedrooms 5
Full Baths 4
Construction Status Additions/Alterations,Building Permit,Updated/Remodeled
HOA Y/N No
Year Built 1920
Lot Size 6,534 Sqft
Acres 0.15
Property Description
This Art Deco beauty is located on one of the quietest streets in Belmont Hts (Euclid dead ends at Colorado) and consists of a spacious 3 bedroom, 2 bath front home (1,775 s.f) plus an office / dining room (could be a 4th bedroom), a 480 s.f one bedroom apartment (with a small office sits atop the detached 2 car garage (alley access), and a legally permitted ADU studio (242 s.f). There is ample parking both in the front driveway and in the rear off of the alley. This property is ideal for both owner occupants or as an investment depending on your needs. The entire property was taken down to the studs and fully renovated (with permits) and brought up to current code. Upgrades include structural reinforemcents, new 3 panel / 400 amp electric meter, new roofs on all 3 structures, new windows, insulation and drywall, new HVAC, new plumbing (including main sewer line), new electrical, beautiful kitchens with gray shaker cabinets and quartz countertops and backsplashes, stunning Acacia hardwood flooring in the front house and laminate flooring in the back units, amazing Art Deco tile work in both bathrooms of the front house along with stunning tile around the amazing front door that really makes this house "pop". For investors, monthly income should exceed $7,250 per month and with all the renovations your repairs and maintenance costs will be near zero for many years to come. For owner occupants, buy the front house and get the 2 income units for almost nothing!
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR1N
Rooms
Basement Utility
Ensuite Laundry Laundry Closet, In Garage
Interior
Interior Features Ceiling Fan(s), Granite Counters, Recessed Lighting, All Bedrooms Down
Laundry Location Laundry Closet,In Garage
Cooling Central Air
Flooring Laminate, Wood
Fireplaces Type Dining Room, None
Fireplace No
Laundry Laundry Closet, In Garage
Exterior
Garage Driveway, Garage, Garage Door Opener, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Suburban
View Y/N No
View None
Roof Type Asphalt,Bitumen
Porch Covered
Parking Type Driveway, Garage, Garage Door Opener, Garage Faces Rear
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Sprinklers In Front, Landscaped, Sprinklers Timer
Story 2
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Multi/Split
New Construction No
Construction Status Additions/Alterations,Building Permit,Updated/Remodeled
Schools
School District Long Beach Unified
Others
Senior Community No
Tax ID 7255005021
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with David Montgomery • Vestis Properties Inc.