1242 E 7th

    Long Beach, CA 90813
    • $849,900
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: IG18144257
    UPDATED: 39 min ago
    $849,900
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,875
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    Great Investment, Huge Opportunity!!!Excellent Income Opportunity. Great for 1st time Homebuyers who want extra income. Live in one rent the others! Triplex with 5 Garages and Carport. Newer roof, paint, cement, etc. The current rents are below market. . One 3BD/2/BA, and two 1 BD/1BA units. Huge lot. Zoning is LB-CNR(Neighborhood Commercial and Residential), allows for small scale commercial. The neighborhood is mixed use and allows for moderate density residential development at R-3 densities. Conventional/Residential financing is okay. Do NOT Disturb Tenants!

    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/84718886

    1242 E 7th Long Beach, CA 90813

    • Price: $849,900
    • Status: Active
    • Updated: 39 min ago
    • ID#: IG18144257
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,875
    SQFT
    $296
    $/SQFT
    1911
    Built
    Neighborhood:
    Other (Othr)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    Great Investment, Huge Opportunity!!!Excellent Income Opportunity. Great for 1st time Homebuyers who want extra income. Live in one rent the others! Triplex with 5 Garages and Carport. Newer roof, paint, cement, etc. The current rents are below market. . One 3BD/2/BA, and two 1 BD/1BA units. Huge lot. Zoning is LB-CNR(Neighborhood Commercial and Residential), allows for small scale commercial. The neighborhood is mixed use and allows for moderate density residential development at R-3 densities. Conventional/Residential financing is okay. Do NOT Disturb Tenants!
    Exterior Features

    Architectural Style Bungalow Fence YN Yes Fencing Good Condition Foundation Details Raised Garage Spaces 5.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Spa Features None Spa 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 2+ Common Walls Fireplace Features None Fireplace YN No Heating Wall Heater Heating YN Yes Laundry Features Community Levels Two Room Type KitchenLaundryMain Floor Bedroom

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet LightingUrban Country Us Electric Expense 348.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 770.00 Gross Income 1325.00 Gross Scheduled Income 3360.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 2035.00 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 2035.00 Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Other Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 3350.00 Total Expenses 2035.00 Trash Expense 0.00 Utilities Cable AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 1687.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Leonel Robles of Exp Realty Of Ca Inc..


    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.
     
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