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    1412 E South Street

    Long Beach, CA 90805
    • $1,650,000
    • STATUS: Active
    • ON SITE: 137 days
    • ID#: 20588938
    UPDATED: 52 min ago
    $1,650,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    1412 E South Street presents an opportunity for a purchaser to be only the third-every owner of a value-add, trophy asset located in North Long Beach. 7 Units - Built In 1986 - (3) 2+2s / (4) 1+1's - 5,041 Gross Square Feet - Individually Metered For Electricity & Gas - Garages & 8 Covered Carports - Community Laundry & Gas Dryer On-Site - Copper Plumbing (Buyer to Verify) - Gated Access to Property & Parking Lot - 8,560 SF Lot - LBRCNR Zoning (R3 Permitting - Buyer to Verify) - Amenities Including Patios & Fireplaces.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T12:27:01.653. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/106699726
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    1412 E South Street Long Beach, CA 90805

    • Price: $1,650,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 20588938
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1986
    Built
    Neighborhood:
    7 - North Long Beach
    County:
    Los Angeles
    Area:
    7 - North Long Beach
    Property Description
    1412 E South Street presents an opportunity for a purchaser to be only the third-every owner of a value-add, trophy asset located in North Long Beach. 7 Units - Built In 1986 - (3) 2+2s / (4) 1+1's - 5,041 Gross Square Feet - Individually Metered For Electricity & Gas - Garages & 8 Covered Carports - Community Laundry & Gas Dryer On-Site - Copper Plumbing (Buyer to Verify) - Gated Access to Property & Parking Lot - 8,560 SF Lot - LBRCNR Zoning (R3 Permitting - Buyer to Verify) - Amenities Including Patios & Fireplaces.
    Exterior Features

    Carport Spaces 8.00 Direction Faces North Garage Spaces 3.00 Lot Size Units Square Feet Parking Features CarportAssignedCoveredGatedGarage - Single DoorGarage Parking Total 11.00 Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Den Fireplace YN Yes Heating Wall FurnaceFireplace(S) Heating YN Yes Laundry Features Community

    Property Features

    Country Us Gross Income 102600.00 Gross Multiplier 16.57 Gross Operating Income 99522.00 Laundry YN Yes Net Operating Income 68378.00 Security Features Firewall(S)Smoke Detector(S)Window BarsGated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 102600.00 Total Expenses 31144.00 Vacancy Allowance Rate 0.00 Zoning Lbcnr

    Listing provided courtesy of David Harrington of Matthews Real Estate Investment Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T12:27:01.653. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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