1202 E Werner Street

    Long Beach, CA 90813
    • $650,000
    • STATUS: Active
    • ON SITE: 160 days
    • ID#: PW18028763
    UPDATED: 65 min ago
    $650,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,912
      SQFT
    • $340
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    1202 E. Werner is a triplex consisting of 1- 3bedroom/1bath and 2- 1bedroom/1 bath. All units are separately metered for gas and electric. 3 parking spaces. Long term owner and long term tenants. Rents have not been raised in years. HUGE upside in rents! In additional this property also has vacant lot next door to building which could potentially be used to build additional Sq. Ft. to the building or turned into a larger parking area for tenants. The vacant lot is included in this APN and is apart of this sale. This property has tons of potential for someone to come in and take over.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-23T10:26:46.26. 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/80709723

    1202 E Werner Street Long Beach, CA 90813

    • Price: $650,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: PW18028763
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,912
    SQFT
    $340
    $/SQFT
    1923
    Built
    Neighborhood:
    Downtown (Dt)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    1202 E. Werner is a triplex consisting of 1- 3bedroom/1bath and 2- 1bedroom/1 bath. All units are separately metered for gas and electric. 3 parking spaces. Long term owner and long term tenants. Rents have not been raised in years. HUGE upside in rents! In additional this property also has vacant lot next door to building which could potentially be used to build additional Sq. Ft. to the building or turned into a larger parking area for tenants. The vacant lot is included in this APN and is apart of this sale. This property has tons of potential for someone to come in and take over.
    Exterior Features

    Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 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 Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas Dryer HookupWasher Hookup

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 36300.00 Gross Scheduled Income 36300.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 24684.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 11616.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Downtown (Dt) Tenant Pays ElectricityGas Total Actual Rent 3025.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 85.00 Water Source Public Year Built Source Assessor Zoning Lbcca

    Listing provided courtesy of Kristina Moore of Main Street Realtors.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-23T10:26:46.26. 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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