1224 E 17th Street, Long Beach, CA 90813
Property · 2 recorded sales since 2014
Sold April 2015
Listing Agent: Eileen Rivera (DRE #01208517) · Listing Office: Keller Williams Realty · Contact: 562-626-8600 · Bought with: Borann Duong · #1 Home Realty · MLS #RS15035091 · Source: CRMLS
About this property
**STANDARD SALE SPANISH STYLE INVESTMENT OPPORTUNITY** Excellent Opportunity to Purchase a 5 Unit Income Property at the Center of Long Beach. Tax Roll Shows 4 Units; currently configured as 5 Units. Front building is 4 Units: all 2 Bed/1 Bath; Rear Building is Perfect Owner’s Unit. Has Large 3 bedroom/2 bath above 6 Private Garages & Laundry Room. Property has been Well-Maintained; Fully Occupied with Total $6,300/month Rental Income; No Rent Control; **Large Square Footage...county records shows 5016 sq ft on a 7813 sq ft Lot! **Back Unit REMODELED w/ New Carpet & Flooring Throughout!! **Both Buildings New Copper Plumbing, New Water Heaters, New Paint inside & out!! ** **Front Units Each Rent for $1100/month, the Large Rear Unit is rented at $1500.00, All Garages are rented at $75 ea for total Monthly Rent $6,300.00 and ANNUAL INCOME OF $75,600.00...Year After Year of solid income! Close to Schools, Parks, Shops & Metro! Excellent Central Location for commuting ease. This is a Great Property for First Time Investor or to Hold in a Savvy Investors Portfolio. Quick Response to all offers. Hurry, will sell fast!**
Listing description from the April 2015 sale, as reported to CRMLS.
Sale history
