$580,000
$570,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
401 E 55th ST Long Beach, CA 90805
Key Details
Sold Price $580,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID SB16713778
Sold Date 11/18/16
HOA Y/N No
Year Built 1963
Property Description
Six units-one 2 bedroom one bath-5 one bedroom one bath units-Good bread and butter units-Great starter units for an investor-Two garages-one has the common laundry with leased washer and dryer-other garage is rented month to month at $75/mo-Large parking lot -Long time owners -Room to increase rents-This area is always in high demand. One owner is a real estate licensee. All income analysis is from 2015.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR1N
Interior
Fireplace No
Appliance Water Heater
Laundry Common Area, In Garage
Exterior
Garage Uncovered
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Urban
Utilities Available Cable Available
Parking Type Uncovered
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 7127024019
Acceptable Financing Cash to New Loan, Submit
Listing Terms Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with Alan Stassi • Pierside Realty