$625,000
$700,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
5,140 Sqft Lot
SOLD DATE : 10/16/2014
Key Details
Sold Price $625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW14062055
Sold Date 10/16/14
HOA Y/N No
Year Built 1921
Lot Size 5,140 Sqft
Property Description
I am proud to offer a well-maintained 4 unit building located at 115 E. 12th Street. The property is three blocks South of Anaheim Street and one block East of Pine Avenue, in the city of Long Beach. The property is a two story walk-up style building consisting of 4 one bedroom/one bathroom units and 1 two bedroom/ two bath and 1 two bedroom/ one bathroom. The property is currently operating as a 6 unit property with 2 nonconforming units. The wood frame, painted stucco building offers 5126 rentable square feet and was constructed in 1921, and includes one enclosed garage. The property is mastered metered for gas and electricity. With close proximity to numerous restaurants shopping, and transportation thus making this acquisition a perfect addition to any investors portfolio.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD29
Interior
Interior Features Balcony, Multiple Staircases
Flooring Carpet, Wood
Fireplace No
Appliance Gas Cooktop, Gas Oven, Refrigerator
Laundry Common Area
Exterior
Parking Features Gated, Garage Faces Side
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected
Roof Type Composition,Flat,Flat Tile
Total Parking Spaces 1
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Spanish
Level or Stories Two
Others
Senior Community No
Tax ID 7273004030
Security Features Window Bars
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Ryan Rayburn • Marcus & Millichap
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com