Description
Highly desired area! new industrial and wharehouse buildings being build near by at 5860 paramount blvd, 5880 paramount blvd, 5910 cherry ave which will include over 500 permanent jobs near by. this gated property is located in long beach near bixby knolls area with plenty of restaurants and local shopping. it is a 4-plex with two studio units and two units with 2 bedrooms with one having 2 bathrooms and the other with 1 bathroom with his/her sink. property gross revenue annually $91,972. monthly utilities (water, gas, electric, trash) varies about $900 month. utilities runs on 1 meter and divided up by tenants. property has parking in the back for 4 vehicles and a 2 car garage with a total of 6 potential parking. the units had some updated in 2017 and 2018 with 3 of the units having laminate floor. unit a and unit d are pictures from 2018. potential to make the garage into an adu
unit #a - 2 bedrooms and 1 bath with double sink , has central air
unit #b- studio with a separate kitchen
unit #c- studio with large closet and bathroom,
unit #d-2 bedroom and 2 bathroom with large living room and 2 car garage and small patio area, has central air
disclosure
we obtained the following information above from sources we believe to be reliable. however we have not verified it accuracy and make no guarantee, warranty, representation about it. it is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions ,prior sale, lease or financing or withdraw without notice. we include projections, opinions , assumptions or estimates for example only and they are not represent the current or future performance of the property. you and your tax and legal advisors should conduct your own investigations of the property and transaction this includes price/unit, price/sf, cap rate and grm are based on total price of the sale.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48331911
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Property Appliances: Gas Water Heater
- Fireplace: None
Cooling Features
- Central Air,Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Central,Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1954
- Building Area Total: 3,520
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0803
- Lot Size Source: Public Records
- Lot Size Square Feet: 3496
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Listing Information
Listing Price Information
- Original List Price: 1,350,000
- Listing Contract Date: 2025-01-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7123014019
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 7 - North Long Beach
- Directions: Exit 91 FWY to Cherry Ave, South bound on Cherry Ave.
- Source Property Type: Residential Income
- Area: 7 - North Long Beach
- Property SubType: Quadruplex
Building and Construction
- Property Age: 71
- Common Walls: 1 Common Wall
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: street
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
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BuyOwner last updated this listing 01/18/2025 @ 04:02
- MLS: SR25009113
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 3,520 sqft, 3,496 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90805, this Los Angeles County Home , it is in the North Long Beach (NLB) Subdivision, are nearby neighborhoods.