4445 4th Street, Long Beach, CA 90814

$1,375,000
7
BD
5
BA
List Price
$1,375,000
Days on Market
21
Status
ACTIVE
MLS#
SB20187143
Bedrooms
7
Bathrooms
5
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
6,733
City
Long Beach
Property Type
Multifamily
Year Built
1923

Property Description

Amazing opportunity to own a fully occupied classic Spanish-style 4-plex in desirable Belmont Heights. Owners have taken great care of this investment property; roof is less than one year old (with 10 year warranty), newer back deck, brand new awnings being installed on Sept 19th, artificial turf, newer quartz counter tops in several of the units, and TONS of parking! 3 of the 4 units have been updated cosmetically. Hardwood floors in all 4 units. Plumbing and electrical have been partially upgraded. 11 c

Additional Information

Cooling
Wall/Window
Gross Rent Multiplier Actual
14
Gross Scheduled Income Actual
96540
Lot Size
6,733
Lot Size Range
4,000-7,499 SF
Stories
2 Story
Style
Res Income 2-4 Units
Tenant Pays
Sewer, Trash, Cable TV, Electricity, Gas/Propane
Year Built
1923

Room Dimensions

Supplement
Amazing opportunity to own a fully occupied classic Spanish-style 4-plex in desirable Belmont Heights. Owners have taken great care of this investment property; roof is less than one year old (with 10 year warranty), newer back deck, brand new awnings being installed on Sept 19th, artificial turf, newer quartz counter tops in several of the units, and TONS of parking! 3 of the 4 units have been updated cosmetically. Hardwood floors in all 4 units. Plumbing and electrical have been partially upgraded. 11 car parking consists of: 5 car garage + 2 uncovered spots on apron and 4 car tandem in long drive way. 2 of the units have window AC units. Fantastic mix: One 3 bed 2 bath unit, two 1 bedroom/1 bath units, and one 2 bedroom/1 bath unit. Upstairs and back unit have washer and dryer. Buyer to verify all rents & projections. Location is excellent: just blocks away from Red Car Greenbelt, Colorado Lagoon Aquatic Park, 1.6 miles to Rosie's Dog Beach, and conveniently located near shops and restaurants. Sqft is based off of tax records. Information is deemed reliable, however, buyer is encouraged to verify all info to their full satisfaction.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass

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