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(760) 250-5276
Real Estate Company
3622 East 11th, Long Beach, CA 90804
- $1,595,000
- 3,800
- SqFt
- List Price
- $1,595,000
- Status
- ACTIVE
- MLS#
- SB-26196309
- Year Built
- 1950
- Living Sq. Ft
- 3,800
- Lot Size
- 6,214
- Days on Market
- 53
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- 2
Property Description
Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.
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Additional Information
- Land Lease Type
- Fee
- Appliances
- Gas Range
- Fireplace Description
- None
- View
- None
- Parking
- Garage
- Garage Spaces Total
- 1
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Listing courtesy of Buckingham Investments, Inc.