1671 Park Avenue Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90815
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,134 sqft
Price per Sqft $495
Subdivision Circle
MLS Listing ID PW-25046983
Style Contemporary
Year Built 1949
Lot Size 7,648 Sqft
Property Sub-Type Quadruplex
Property Description
No rent control! Incredible investment opportunity in the Circle area of Long Beach. The property comprises a two-bed, two-bath single-family residence (owner occupied) and the recently built multi-family triplex. The tri-plex was completed in 2015. Each unit is highly spacious and has the custom feel and appearance more of a condominium than an apartment. The three units consist of a two-story, three-bed, three-bath. The other two units consist of a two-bedroom, two-bath unit, and a one-bedroom, two-bath unit. All units, including the house have two-car garage parking. Each unit has a built-in laundry, a tankless water heater, central air, a private balcony, and a separate electrical, gas, and water meter. In addition to the three units, an adjacent common area bonus room is plumbed with a kitchenette and could easily be converted into an additional Junior ADU rental unit. The single-family residence has been re-modeled, and the roof on both structures is less than ten years of age. This is a substantial area for rental income, and this property delivers!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR4R
Interior
Interior Features Ceramic Counters,Balcony,Granite Counters,High Ceilings
Heating Central
Flooring Wood
Fireplaces Type None
Laundry Dryer Included,Gas Dryer Hookup,Inside,Washer Hookup,Washer Included
Exterior
Parking Features Garage Faces Front
Garage Spaces 8.0
Pool None
Community Features Biking,Golf,Sidewalks,Street Lights,Suburban
Utilities Available Electricity Connected
Building
Lot Description Rectangular Lot,Walkstreet
Sewer Public Sewer