405 E Esther Street

    Long Beach, CA 90813
    • $1,400,000
    • STATUS: Active Under Contract
    • ON SITE: 157 days
    • ID#: PW18114898
    Under Contract
    UPDATED: 65 min ago
    $1,400,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,352
      SQFT
    • $322
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Excellent unit mix. Great Location for rental properties close to Long beach Blvd Blue Line stop, Bus stops, Retail, Schools and shopping. rents are low with great upside potential for a savvy investor. All offers subject to interior inspection. Please do not disturb the tenants. tenants are not aware of the sale. All rents are actual. All units are fully rented. Property is professionally managed with low

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-21T15:27:46.143. 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/83630871

    405 E Esther Street Long Beach, CA 90813

    • Price: $1,400,000
    • Status: Active Under Contract
    • Updated: 65 min ago
    • ID#: PW18114898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,352
    SQFT
    $322
    $/SQFT
    1923
    Built
    Neighborhood:
    Poly High (Ph)
    County:
    Los Angeles
    Area:
    9 - Poly High
    Property Description
    Excellent unit mix. Great Location for rental properties close to Long beach Blvd Blue Line stop, Bus stops, Retail, Schools and shopping. rents are low with great upside potential for a savvy investor. All offers subject to interior inspection. Please do not disturb the tenants. tenants are not aware of the sale. All rents are actual. All units are fully rented. Property is professionally managed with low
    Exterior Features

    Garage Spaces 0.00 Lot Features 6-10 Units/AcreBack YardLot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.30 Community Features CurbsGuttersSidewalksStreet LightingUrban Country Us Electric Expense 480.00 Elevation Units Feet Gardener Expense 250.00 Gross Income 73970.40 Gross Scheduled Income 105672.00 Insurance Expense 2200.00 Land Lease YN No Laundry YN No Licenses Expense 250.00 Net Operating Income 73972.00 New Taxes Expense 17500.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 7 Number Wall AC 0 Number With Dishwasher 0 Number With Range 7 Number With Refrigerator 7 Operating Expense 31700.00 Professional Management Expense 6340.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Poly High (Ph) Tenant Pays Cable TvElectricityGas Total Actual Rent 8806.00 Total Expenses 31700.00 Trash Expense 480.00 Water Sewer Expense 4200.00 Water Source Public Year Built Source Assessor Zoning Lbpd29

    Listing provided courtesy of Bill Larson of First Team Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-21T15:27:46.143. 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.
     
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