Fourplex · 2 recorded sales since 2018
Listing Agent: Susan Saurastri (DRE #01259317) · Listing Office: Seven Gables Real Estate · Contact: 714-752-6262 · Bought with: Linda Light · Coldwell Banker Residential Br · MLS #OC18143849 · Source: CRMLS
Rare and perfect beach close, investment opportunity. Live in Unit 1 (newly vacant/pictured) OR lease it out. This multi-family 4 unit property is centrally located near award-winning schools, shops, and restaurants. Unit #1 is 1,270 sf and offers two bedrooms and two baths, living room with gas fireplace and large porcelain tile flooring. Kitchen with granite counters, white appliances including new electric cooktop, dishwasher, closet adjacent to kitchen with washer/dryer hookups. Hall with deep storage closets plus spacious utility and linen closet and drawers. Master with ensuite bath. Units #2, 3 and 4 feature two bedrooms and 1.5 baths. They are respectively Unit 2) 868 sq and rent is $1,583, Unit 3) 897 sf and rents for $1,830 and Unit 4) 868 sf and rents for $1,776. All units (except Unit 1) are occupied by long term tenants. Each has its own car port and storage unit. On site laundry room is adjacent to the car ports (as pictured). All units have dual pane windows. Property is under LA rent control. 3% increase allowed annually.
Listing description from the July 2018 sale, as reported to CRMLS.