$937,000
$970,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 11/08/2019
Key Details
Sold Price $937,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW19100129
Sold Date 11/08/19
Construction Status Turnkey
HOA Y/N No
Year Built 1947
Lot Size 3,920 Sqft
Property Description
Opportunity awaits on this fantastic triplex nestled in the popular Alamitos Beach neighborhood. The property consists of a charming Crafstman style front house with 2 bedrooms and 1 bathroom plus a duplex with a 2 bedroom, 1 bath unit and a studio unit. There is also a garage with storage space and a washer/dryer. With many recent upgrades and a fantastic location this home will provide a great return for an investor or owner-occupied buyer who would like to have their tenants pay the majority of their mortgage. The entire exterior of the property was painted in October, 2018. All three water heaters have been replaced within the last 12 months and the main water line was replaced in July, 2017. New dual pane windows were installed in the front house as well as a brand new wall heater. The units all have laminate flooring and upgrades in the kitchens and bathrooms. All three units are metered separately for utilities and there is laundry on-site for everyone. The front house includes a long driveway which will allow up to three parking spaces. The property is adjacent to popular "Retro Row" which offers several wonderful options for dining and shopping. There is also daily free yoga on the beach just a five minute walk away as well as a dog park and a running/biking path along the ocean. Belmont Shore, CSULB, Downtown Long Beach and the 405 freeway are just a short drive away. Make this fantastic income property yours today!
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR1N
Rooms
Other Rooms Two On A Lot
Interior
Interior Features Ceiling Fan(s), Crown Molding
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type Family Room
Fireplace Yes
Appliance Gas Oven, Gas Water Heater, Tankless Water Heater, Dryer, Washer
Laundry Common Area, In Garage, Stacked
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Fence Excellent Condition
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Landscaped
Foundation Raised
Sewer Public Sewer
Water Public
Additional Building Two On A Lot
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7275016051
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Financing Other
Special Listing Condition Standard
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Bought with Keyanna Rees • Sotheby's International Realty