1089 E 7TH Street

    Long Beach, CA 90813
    • $999,000
    • STATUS: Active
    • ON SITE: 178 days
    • ID#: 18358154
    UPDATED: 37 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

    *******BACK ON MARKET BUYER COULD NOT QUALIFY******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. Turnkey rental!!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T16:30:02.377. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/84952494

    1089 E 7TH Street Long Beach, CA 90813

    • Price: $999,000
    • Status: Active
    • Updated: 37 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
    *******BACK ON MARKET BUYER COULD NOT QUALIFY******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. Turnkey rental!!
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 5.20 Electric Expense 0.00 Fuel Expense 0.00 Gross Multiplier 14.23 Gross Operating Income 70200.00 Improvements Amount 167000 Insurance Expense 900.00 Land Value 400000 Licenses Expense 250.00 Maintenance Expense 1200.00 Net Operating Income 52719.00 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 2018-12-18T16:30:02.377. 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. Licensed in the State of California, USA.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094