1089 E 7TH Street

    Long Beach, CA 90813
    • $999,000
    • STATUS: Pending
    • ON SITE: 93 days
    • ID#: 18358154
    Pending
    UPDATED: 83 min ago
    $999,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,020
      SQFT
    • $331
      $/SQFT
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Located in Alamitos area near downtown Long Beach this 4 unit building has been completely rehabbed. Each unit look brand new inside, new cabinets, flooring, kitchens and bathrooms. Upgraded cooper plumbing and new roofing material. Owner worked on this building with all permits pulled by licensed contractor for 6 months. One unit is occupied. Building will be delivered with 3 units vacant and rehabbed. Turnkey rental!!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T18:33:13.853. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84952494

    1089 E 7TH Street Long Beach, CA 90813

    • Price: $999,000
    • Status: Pending
    • Updated: 83 min ago
    • ID#: 18358154
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    3,020
    SQFT
    $331
    $/SQFT
    1922
    Built
    Neighborhood:
    4 - Downtown Area, Alamitos Beach
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    Located in Alamitos area near downtown Long Beach this 4 unit building has been completely rehabbed. Each unit look brand new inside, new cabinets, flooring, kitchens and bathrooms. Upgraded cooper plumbing and new roofing material. Owner worked on this building with all permits pulled by licensed contractor for 6 months. One unit is occupied. Building will be delivered with 3 units vacant and rehabbed. Turnkey rental!!
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 6.20 Electric Expense 0.00 Fuel Expense 0.00 Gross Multiplier 12.61 Gross Operating Income 79200.00 Improvements Amount 167000 Insurance Expense 900.00 Land Value 400000 Licenses Expense 250.00 Maintenance Expense 1200.00 Net Operating Income 61719.00 Operating Expense 116.00 Pool Expense 0.00 Professional Management Expense 0.00 Special Listing Conditions Standard Total Actual Rent 14400.00 Total Expenses 17481.00 Trash Expense 0.00 Water Sewer Expense 2052.00 Zoning Lbco

    Listing provided courtesy of Kory Jackson of Keller Williams Inglewood.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T18:33:13.853. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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