$852,000
$850,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
1044 Cedar AVE Long Beach, CA 90813
Key Details
Sold Price $852,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW16099969
Sold Date 07/28/16
HOA Y/N No
Year Built 1915
Property Description
PRIME INVESTMENT OPPORTUNITY! Front 3bed/1bath house in front with 4-1bed/1bath units in back! Long Driveway access for parking up to 6 cars Plus huge estimated 1500 Sq. Ft. basement that could possibly be permitted into 6th unit! Buyer to verify with city. New electrical & New plumbing within last 4 years. Don't miss this great investment- it won't last long. Priced to sell at a 5 CAP AND 13 X Gross PLUS upside in rents!!
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Exterior
Pool None
Community Features Street Lights
Utilities Available Sewer Available
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Water Public
Others
Tax ID 7272005028
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Lease Land No
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ray Pashaee • Hamid Pashaee, Broker