Long Beach, CA 90803,249 Lindero AVE
Long Beach, CA 90803,249 Lindero AVE
Long Beach, CA 90803,249 Lindero AVE
Long Beach, CA 90803,249 Lindero AVE
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$1,550,000

$1,499,000

3.4%
Est.Price: ?

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Est. payment /mo

6,080 Sqft Lot


SOLD DATE : 12/11/2020

Key Details

Sold Price $1,550,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Bluff Park (Blf)

MLS Listing ID PW20210674

Sold Date 12/11/20

HOA Y/N No

Year Built 1968

Lot Size 6,080 Sqft

Property Description

Location! Location! Location! Bluff Heights Statewide Style 4-Plex building 4 blocks from the Ocean! The property consists of 4,591 rentable square feet consisting of (1) 3bd/2bth unit, and (3) 2bd/1bth units, and 5 single car garages. Units are large and spacious. 2 of the 4 units have been upgraded with new flooring and remodeled kitchens and bathrooms, the 2 other units have had new flooring installed. All electric building with separate meters. Low utilities as owner only pays water/sewer/trash. Community Laundry facility. Substantial upside in the rents. Dense rental market with low vacancy and strong income growth. Don't miss this amazing investment opportunity on an excellent location.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR2A

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7263009007

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Spencer Pabst • Pabst, Kinney & Associates
Bought with Eric Britton • BerkshireHathaway HomeServices
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+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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