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    4409-4411 E 10Th Street

    Long Beach, CA 90804
    • $499,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 20637864
    UPDATED: 238 min ago
    $499,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    OPPORTUNITY AWAITS ! CITY OF LONG BEACH IS NON-RENT CONTROL! THIS IS TEAR DOWN OPPORTUNITY OR MAJOR REHAB. PER ZONING OF R4R (CITY OF LONG BEACH) WILL PERMIT TO BUILD BY RIGHT-5 UNITS W/THE ADU COMPONENT FOR ADDED UNIT. CURRENTLY TENANT OCCUPIED AND ALL TENANTS ARE PAYING DURING COVID-19. 10 BLOCKS FROM THE BEACH FOR FANTASTIC WEATHER AND EASY ACCESS FOR ACTIVITIES. CITY OF LB RSO IS $4500 PER UNIT FOR TENANT RELOCATION. BUILDING IS SOLD AS-IS W/O WARRANTY. PRICED BELOW CURRENT MARKET VALUE. OFFERS TO BE REVIEWED ON FRIDAY OCTOBER 2ND 2020 BY 5:00PM.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-28T00:27:24.043. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/110473738
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    4409-4411 E 10Th Street Long Beach, CA 90804

    • Price: $499,000
    • Status: Active
    • Updated: 238 min ago
    • ID#: 20637864
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1949
    Built
    Neighborhood:
    3 - Eastside, Circle Area
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    OPPORTUNITY AWAITS ! CITY OF LONG BEACH IS NON-RENT CONTROL! THIS IS TEAR DOWN OPPORTUNITY OR MAJOR REHAB. PER ZONING OF R4R (CITY OF LONG BEACH) WILL PERMIT TO BUILD BY RIGHT-5 UNITS W/THE ADU COMPONENT FOR ADDED UNIT. CURRENTLY TENANT OCCUPIED AND ALL TENANTS ARE PAYING DURING COVID-19. 10 BLOCKS FROM THE BEACH FOR FANTASTIC WEATHER AND EASY ACCESS FOR ACTIVITIES. CITY OF LB RSO IS $4500 PER UNIT FOR TENANT RELOCATION. BUILDING IS SOLD AS-IS W/O WARRANTY. PRICED BELOW CURRENT MARKET VALUE. OFFERS TO BE REVIEWED ON FRIDAY OCTOBER 2ND 2020 BY 5:00PM.
    Exterior Features

    Direction Faces South Entry Location Ground Level - No Steps Foundation Details Slab Lot Features Front Yard Lot Size Dimensions 57X85 Lot Size Units Square Feet Roof Composition View None View YN No

    Interior Features

    Cooling None Cooling YN No Heating Forced AirWall FurnaceElectricNatural Gas Heating YN Yes

    Property Features

    Additional Parcels YN No Country Us Gross Income 14600.00 Gross Operating Income 10000.00 Lot Dimensions Source Assessor Net Operating Income 4000.00 Property Condition FixerRepairs CosmeticRepairs Major Rent Control YN No Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Total Expenses 10000.00 Zoning Lbr4r

    Listing provided courtesy of Todd Bernstein of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-28T00:27:24.043. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003