486 E Adair Street

    Long Beach, CA 90805
    • $644,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 18355640
    UPDATED: 38 min ago
    $644,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,064
      SQFT
    • $312
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    A fabulous Triplex - gain passive income in this 3 on a lot income property. Buyer may live in one and rent out others. Front unit is a well maintained jewel with spacious living room and kitchen. Corner property with good curb appeal. The two other properties are in good shape also. NO RENT CONTROL means put the tenants in you like with the rent that you prefer. The De forest neighborhood is sought after premier area with parks & freeways close by.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-15T18:27:02.6. 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/84714915

    486 E Adair Street Long Beach, CA 90805

    • Price: $644,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 18355640
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,064
    SQFT
    $312
    $/SQFT
    1939
    Built
    Neighborhood:
    7 - North Long Beach
    County:
    Los Angeles
    Area:
    7 - North Long Beach
    Property Description
    A fabulous Triplex - gain passive income in this 3 on a lot income property. Buyer may live in one and rent out others. Front unit is a well maintained jewel with spacious living room and kitchen. Corner property with good curb appeal. The two other properties are in good shape also. NO RENT CONTROL means put the tenants in you like with the rent that you prefer. The De forest neighborhood is sought after premier area with parks & freeways close by.
    Exterior Features

    Construction Materials StuccoAsphalt Exterior Features Tv Antenna Foundation Details PermanentFha Approved Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes Roof Composition View City Lights View YN Yes

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Window Features Screens

    Property Features

    Cap Rate 10.00 Gross Multiplier 13.00 Gross Operating Income 200.00 Improvements Amount 178514 Land Lease YN No Land Value 99577 Net Operating Income 12000.00 Number Of Separate Gas Meters 3 Number Of Units Leased 3 Number With Carpet 3 Number With Dishwasher 0 Number With Disposal 1 Number With Drapes 3 Security Features Gated Community Special Listing Conditions Probate Listing Tenant Pays ElectricityCable TvGas Total Expenses 300.00 Utilities Cable Available Zoning Lbr3t

    Listing provided courtesy of John Scott of Power Brokers International.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-15T18:27:02.6. 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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