1670 E Market Street

    Long Beach, CA 90805
    • $672,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: PW17253991
    UPDATED: 31 min ago
    $672,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,626
      SQFT
    • $413
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Technically this is a Duplex that currently is being used more like a a tri-plex with additional storage in the back that is also generating income. It has been painstakingly maintained by an owner user who is ready to retire. It has a newer roof and landscaping, 2 washers and dryers with long term tenants who pay on time. This is perfect for the investor OR an owner user who would like some help with the mortgage. It's in a nice part of town close to good schools, shopping and everything else Long Beach has to offer... please DO NOT disturb the tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T22:26:23.297. 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.themarellygroup.com/homes/78629434

    1670 E Market Street Long Beach, CA 90805

    • Price: $672,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: PW17253991
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,626
    SQFT
    $413
    $/SQFT
    1948
    Built
    Neighborhood:
    North Long Beach (Nlb)
    County:
    Los Angeles
    Area:
    7 - North Long Beach
    Property Description
    Technically this is a Duplex that currently is being used more like a a tri-plex with additional storage in the back that is also generating income. It has been painstakingly maintained by an owner user who is ready to retire. It has a newer roof and landscaping, 2 washers and dryers with long term tenants who pay on time. This is perfect for the investor OR an owner user who would like some help with the mortgage. It's in a nice part of town close to good schools, shopping and everything else Long Beach has to offer... please DO NOT disturb the tenants.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One Above Cooling Wall Window Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Heater Heating YN Yes Laundry Features Dryer IncludedInsideWasher Included

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.50 Community Features CurbsStreet LightingUrban Country Us Electric Expense 240.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 720.00 Gross Income 42780.00 Gross Multiplier 15.77 Gross Scheduled Income 42780.00 Insurance Expense 600.00 Land Lease YN No Laundry YN Yes Net Operating Income 40570.00 New Taxes Expense 10125.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 2210.00 Other Income1 2400.00 Pest Control Expense 650.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other North Long Beach (Nlb) Tenant Pays Cable Tv Total Expenses 12335.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Robin Reed of Queen City Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T22:26:23.297. 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.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003