1131 E 2nd Street

    Long Beach, CA 90802
    • $1,099,000
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • ID#: PW18138348
    Under Contract
    UPDATED: 42 min ago
    $1,099,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,286
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Perfect for the quick 1031 Exchange, if you need an upleg to Close quickly, bring your offers.. +G+Pride-of-ownership" with potential $3200-$3700 income each apt. total $85,000 per year and bw 13x -14x GRM.. THERE UNITS ARE LIKE 2 HOMES, Easily a 3 bedroom 2 bath, secured parking galore AND OVER 3200sf!!! Large 2 car garage, plus long driveway and additional garage area for motorcycles, electric car, toys, workshop. Completely upgraded and refurbished like new FROM INSIDE THE WALLS with the Spanish character and authenticity thruout. Every surface, every detail, is unbelievable, including custom cabinetry, pristine hardwood floors, mahogany Woodwork and doors, coved ceilings, recessed lighting, whole house speakers, plus NEW eat-in kitchens and bathrooms, full Dining rooms, huge Living rooms with built-ins, bar (one w fireplace and balcony) and upgraded completely w surround sound, windows, laundry rooms, plumbing, electric, central Heating. Separate utilities include two 50 gal water heaters and 3 Electric meters (1 for exterior lighting). This is truly perfect for Owner-user or Investment - bring your 1031 Exchanges at ***This is the perfect home or home plus income, or rentals, in a good location on the Eastside, ... just a block from the beach and short walk to enjoy the VIBE of East Village and the Beachfront community of Downtown LB.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T22:28:53.15. 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/84500291

    1131 E 2nd Street Long Beach, CA 90802

    • Price: $1,099,000
    • Status: Active Under Contract
    • Updated: 42 min ago
    • ID#: PW18138348
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,286
    SQFT
    $334
    $/SQFT
    1926
    Built
    Neighborhood:
    Alamitos Beach (Ab)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    Perfect for the quick 1031 Exchange, if you need an upleg to Close quickly, bring your offers.. +G+Pride-of-ownership" with potential $3200-$3700 income each apt. total $85,000 per year and bw 13x -14x GRM.. THERE UNITS ARE LIKE 2 HOMES, Easily a 3 bedroom 2 bath, secured parking galore AND OVER 3200sf!!! Large 2 car garage, plus long driveway and additional garage area for motorcycles, electric car, toys, workshop. Completely upgraded and refurbished like new FROM INSIDE THE WALLS with the Spanish character and authenticity thruout. Every surface, every detail, is unbelievable, including custom cabinetry, pristine hardwood floors, mahogany Woodwork and doors, coved ceilings, recessed lighting, whole house speakers, plus NEW eat-in kitchens and bathrooms, full Dining rooms, huge Living rooms with built-ins, bar (one w fireplace and balcony) and upgraded completely w surround sound, windows, laundry rooms, plumbing, electric, central Heating. Separate utilities include two 50 gal water heaters and 3 Electric meters (1 for exterior lighting). This is truly perfect for Owner-user or Investment - bring your 1031 Exchanges at ***This is the perfect home or home plus income, or rentals, in a good location on the Eastside, ... just a block from the beach and short walk to enjoy the VIBE of East Village and the Beachfront community of Downtown LB.
    Exterior Features

    Architectural Style Spanish Garage Spaces 2.00 Lot Features Paved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1600 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features Living Room Fireplace YN Yes Heating Forced Air Heating YN Yes Interior Features Built-InsGranite CountersRecessed LightingStorage Space Laundry Features Individual Room Levels Two Room Type Living RoomMaster BedroomSee Remarks

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 84000.00 Gross Multiplier 13.98 Gross Scheduled Income 84000.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number With Dishwasher 2 Number With Disposal 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 0.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Alamitos Beach (Ab) Tenant Pays ElectricityGas Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbr4r

    Listing provided courtesy of Michael Roland of Main Street Realtors and Melissa Roland of Main Street Realtors.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T22:28:53.15. 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.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094