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Great opportunity for first-time investors, savvy investors, and not to forget buyers who are looking to offset their mortgage with rental income. This income producing property includes 4 total units consisting of 3 one-bedroom | one-bath units and 1 two-story, two-bedroom | one and a half-bath unit. There are also approved plans and permits for an ADU to be built inside one of the garages that could add an estimated additional $20K of annual income. Some construction has already been done. Property also features a laundry room, separate gas electric meters, and parking. Property has a tremendous amount of upside.
Last Updated | 10/4/2024 | Year Built | 1942 |
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Community | North Long Beach | Garage Spaces | 2.0 |
County | Los Angeles |
SCHOOLS
School District | Long Beach Unified |
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Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Disposal |
AREA | North Long Beach |
FIREPLACE | Yes |
GARAGE | Concrete, Converted Garage, Door-Multi, Garage, Yes |
INTERIOR | Ceiling Fan(s) |
LOT | 5964 sq ft |
PARKING | Converted Garage,Concrete,Door-Multi,Garage |
POOL DESCRIPTION | None |
STORIES | 2 |
STYLE | Bungalow |
VIEW DESCRIPTION | None |
ZONING | LBR1N |
Location
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