1517 E 7th Street

    Long Beach, CA 90813
    • $1,159,000
    • STATUS: Active
    • ON SITE: 100 days
    • ID#: PW18050956
    $1,159,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,800
      SQFT
    • $305
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    .. Super clean and meticulously maintained 4-plex with excellent unit mix and huge upside potential. No rent control! Lots of parking! 4 garages and 5 parking spaces on the lot. ****ALL OFFERS SUBJECT TO BUYER"S INTERIOR INSPECTION*** ***DRIVE BY ONLY*** DO NOT DISTURB TENANTS!!!ALL OFFERS SUBJECT TO INTERIOR INSPECTION. Unit mix consists of 3-3bdrm units and 1-2bdrm unit for maximum income potential! All units are occupied. Building has been upgraded with new flooring, new vinyl windows, recently remodeled barbecue/lounge area in the back with new fence, pavers and synthetic grass.***DRIVE BY ONLY***PROPERTY HAS SECURITY CAMERAS WITH ONLINE MONITORING FROM YOUR COMPUTER OR SMART PHONE! ****DO NOT DISTURB TENANTS!!!!!!!!!They are unaware of sale!! GRM is based on pro forma rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T00:27:32.383. 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/81423991

    1517 E 7th Street Long Beach, CA 90813

    • Price: $1,159,000
    • Status: Active
    • ID#: PW18050956
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,800
    SQFT
    $305
    $/SQFT
    1922
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    .. Super clean and meticulously maintained 4-plex with excellent unit mix and huge upside potential. No rent control! Lots of parking! 4 garages and 5 parking spaces on the lot. ****ALL OFFERS SUBJECT TO BUYER"S INTERIOR INSPECTION*** ***DRIVE BY ONLY*** DO NOT DISTURB TENANTS!!!ALL OFFERS SUBJECT TO INTERIOR INSPECTION. Unit mix consists of 3-3bdrm units and 1-2bdrm unit for maximum income potential! All units are occupied. Building has been upgraded with new flooring, new vinyl windows, recently remodeled barbecue/lounge area in the back with new fence, pavers and synthetic grass.***DRIVE BY ONLY***PROPERTY HAS SECURITY CAMERAS WITH ONLINE MONITORING FROM YOUR COMPUTER OR SMART PHONE! ****DO NOT DISTURB TENANTS!!!!!!!!!They are unaware of sale!! GRM is based on pro forma rents.
    Exterior Features

    Fence YN Yes Fencing Average ConditionBlockGood ConditionRedwoodWood Foundation Details Concrete Perimeter Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayDriveway - ConcreteGarage Parking Total 9.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved View Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 950 Average2 Bed Area Units Square Feet Average3 Bed Area 950 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring Laminate Heating Floor FurnaceWall Heater Heating YN Yes Interior Features 2 StaircasesBlock WallsFormica CountersOpen Floor Plan Laundry Features None

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 400.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 70900.00 Gross Multiplier 13.24 Gross Operating Income 68770.00 Gross Scheduled Income 70900.00 Insurance Expense 0.00 Land Lease YN No Laundry YN No Net Operating Income 0.00 New Taxes Expense 14988.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0.00 Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN No Security Features Closed Circuit Tv Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Actual Rent 5915.00 Total Expenses 16888.00 Trash Expense 300.00 Utilities Phone AvailableSewer ConnectedWater Connected Vacancy Allowance 2129 Vacancy Allowance Rate 3.00 Walk Score 87 Water Sewer Expense 1200.00 Water Source Public Zoning Lbcnr

    Listing provided courtesy of William Spradley of William Spradley Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T00:27:32.383. 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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