1927 Caspian Avenue

    Long Beach, CA 90810
    • $1,148,800
    • STATUS: Active
    • ON SITE: 391 days
    • ID#: RS17239173
    UPDATED: 49 min ago
    $1,148,800
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,036
      SQFT
    • $378
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Property consist of 5 buildings. First building is a Duplex - #1927 Caspian and #1929 Caspian. There are 4 enclosed garages below the units. The 4 individual buildings are 1933 Caspian, 1935 Caspian, 1500 Summit and 1502 Summit. All units are 1 bedroom and 1 bath each. Four tenants have assigned parking and one is street. Units have tile floors throughout except for #1927 combination carpet and tile. Ideal location close to public transport, freeway access, shops, stores, markets and schools.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T18:34:06.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/78123076

    1927 Caspian Avenue Long Beach, CA 90810

    • Price: $1,148,800
    • Status: Active
    • Updated: 49 min ago
    • ID#: RS17239173
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,036
    SQFT
    $378
    $/SQFT
    1950
    Built
    Neighborhood:
    Other (Othr)
    County:
    Los Angeles
    Area:
    11 - Westside
    Property Description
    Property consist of 5 buildings. First building is a Duplex - #1927 Caspian and #1929 Caspian. There are 4 enclosed garages below the units. The 4 individual buildings are 1933 Caspian, 1935 Caspian, 1500 Summit and 1502 Summit. All units are 1 bedroom and 1 bath each. Four tenants have assigned parking and one is street. Units have tile floors throughout except for #1927 combination carpet and tile. Ideal location close to public transport, freeway access, shops, stores, markets and schools.
    Exterior Features

    Construction Materials Stucco Fence YN Yes Fencing Chain Link Foundation Details Slab Garage Spaces 4.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedGarageGarage - Single DoorUncovered Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Heater Heating YN Yes Laundry Features None Levels OneTwo

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.40 Community Features SidewalksStreet LightingSuburban Country Us Electric Electricity - On Property Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 720.00 Gross Income 65400.00 Gross Multiplier 18.35 Gross Operating Income 64092.00 Gross Scheduled Income 65400.00 Gross Spendable Income 64092.00 Improvements Amount 400344 Insurance Expense 1620.00 Land Lease YN No Land Value 329695 Laundry YN No Maintenance Expense 1200.00 Net Operating Income 52578.00 New Construction YN No New Taxes Expense 9097.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number With Disposal 6 Operating Expense 12822.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other None Tax Annual Amount 9097.00 Tax Rate 1.25 Tax Year 2017 Tenant Pays ElectricityGas Total Expenses 4920.00 Trash Expense 0.00 Utilities Electricity ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 1.00 Water Sewer Expense 1380.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Myrna Dwyer of C-21 Classic Estates.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T18:34:06.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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