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Listed by Anthony Walker, DRE #01908153 • Buckingham Investments, Inc
$ 1,595,000
Est. payment /mo
Active
3622 E 11th Long Beach, CA 90804
6,214 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26196309
Style Traditional
Year Built 1950
Lot Size 6,214 Sqft
Source California Regional MLS
Property Description
Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Other, Community Facility
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool 31, None
View None
Roof Type Flat / Low Pitch,Composition
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 7254012019
Special Listing Condition Not Applicable
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