Long Beach, CA 90802,1235 E Broadway
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Long Beach, CA 90802,1235 E Broadway
Long Beach, CA 90802,1235 E Broadway
Long Beach, CA 90802,1235 E Broadway
Long Beach, CA 90802,1235 E Broadway

$1,260,000

Est. payment /mo

$1,173,000

7.4%
Est.Price: ?

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1235 E Broadway Long Beach, CA 90802

3,049 Sqft Lot

SOLD DATE : 11/07/2019

Key Details

Sold Price $1,260,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW19218675

Sold Date 11/07/19

HOA Y/N No

Year Built 1920

Lot Size 3,049 Sqft

Acres 0.07

Property Description

This great four unit building has been meticulously cared for and includes recent complete copper plumbing, upgraded electric and fixtures, newer appliances and simple landscaping to give the future owner years of low maintenance and trouble free income. There are (2) 2BR. 1BA units and (2) large 1BR 1BA units, all with individual laundry room including washer/dryer (tenants love this). The units are large, over 800 square feet. Each unit includes ceiling fans throughout, (one in each bedroom and family rooms) newer flooring, stove, refrigerator, washer, and dryer. The two upstairs units also have private balconies. There are also two garages two open parking spaces. Rent are under current market potential for Alamitos Beach - one of the hottest markets in Long Beach at $78480 ($6540/mo.) with market rent at $91,500 (7625/mo.). THAT'S A MARKET RATE GRM OF ONLY 12.8!
Unit 1237 is being left vacant for viewing - is available M-F 9 -4 and it is beautiful!
The property is located close to beach access, the convention center, restaurants, shopping, performing arts center, all kinds of entertainment, the courthouse, businesses and public transportation.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR2N

Rooms

Ensuite Laundry Laundry Room

Interior

Interior Features Ceiling Fan(s), Granite Counters

Laundry Location Laundry Room

Flooring Laminate

Fireplace No

Appliance Free-Standing Range, Refrigerator, Water Heater, Dryer, Washer

Laundry Laundry Room

Exterior

Garage On Site

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Fishing, Golf, Hiking, Park, Street Lights, Sidewalks, Water Sports

Parking Type On Site

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7275010033

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

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

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steve Landsberg • Re/Max R. E. Specialists
Bought with Cecelia Peters • Engel & Volkers LA-South Bay

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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