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$840,000
Est. payment /mo
4 Beds
4 Baths
2,843 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PV26022697
Bedrooms 4
Lot Size 2,843 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Charming 1923 duplex in North Long Beach perfect for owner-occupants or savvy investors! Two spacious 2BD/1.5BA units (1,931 sqft total, 2,843 sqft lot). Move right into the VACANT unit and let your tenant's rent help cover the mortgage, or lease both units for a projected ~6.3% cap rate, 11.7x GRM and ~$52,900/yr NOI. Separate gas/electric meters per unit; owner pays water. 2-car attached garage, one space per unit. No need to wait on a tenant to vacate move-in ready now. Priced below nearby comps in a strong rental pocket near the 405/710 corridor. A rare dual-purpose opportunity!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Between Long Beach Blvd and Atlantic Ave on E 21st St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7209012011
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Janet Chen, DRE#02061843 Keller Williams Palos Verdes
Nearby School & Business
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