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Property For Sale Listing 158806

Residential Income - Long Beach, CA

Status as of Oct-15-2008 at 01:26 AM: Off The Market

Property Summary

Charming CAL Bungalow with original built-ins, wood floors (under new carpeting), restored bath with Venetian plaster walls, antique Wedgewood stove, built-in seating in kitchen, storage attic, laundry room and big shady porch. (See photos of front house from when it was vacant.) Newer duplex in rear built appx 1985 has large, well designed units. Upper has new sliding door, vaulted ceilings & huge sundeck;lower has large fenced yard. Both have modern kitchens & smart flooplans with HUGE closets and french door entry. All units are rented at this time. Front house 2b 1ba @ $1445 Upper rear large 1br 1ba @ $909 Lower rear large 1br 1ba @ $865 Ample parking. Really great long-term tenants. Units rent very fast when available. Some upside potential in rents. Exterior painted recently. Pride of ownership. Smart buyer can live in the front house and use the rental income from the rear to subsidize the mortgage payment. Great area. Walk to Frenchy's and other shops, library, and park.


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Location

Classification: United States // Pacific States // California // Long Beach

Price

Price Classification: Between $500 Thousand and $1 Million
Asking Price: $699,000

Property Type

Classification: Multi-Family Properties
Type: Residential Income
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