2815 E 64th Street

    Long Beach, CA 90805
    • $1,450,000
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: PW18190081
    UPDATED: 115 min ago
    $1,450,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,320
      SQFT
    • $336
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    NO RENT CONTROL, Always full, excellent income generation property in popular area of Long Beach, An opportunity to acquire a 4-unit multifamily building, All 4 of 3 bedrooms & 1.5 bathrooms property is has been heavily and completely remodeled 2years ago, The current owner has spent over $200,000 on improvement including New electric panels, new roof, new dual pane windows, new laminate flooring (no carpet), new kitchen cabinet, granite counter top & new appliances, new bathroom, new fixtures throughout, new wall heater, recessed lighting new copper plumbing, 4 separate electrical meters, new interior & exterior paint, new gated carport for 4 cars space w/new roof, extra sound proof protection on flooring between first and second floor, on-site coin operated laundry room w/2washers & 2dryers for 4units, new driveway, There are no vacancies, This property is also conveniently located to several freeways and public transportation. any renter would be happy to live here! Tenants are on with full 1 month security deposit and fully executed rental agreement, City of Long Beach market has always enjoyed strong rental growth and with lots of redevelopment it seems this will continue for years to come. Make your offers subject to inspection and approval, sale as-is, , no sign on property, * PLEASE DO NOT DISTURB TENANTS* * DRIVE BY ONLY * !!!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T00:30:49.157. 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/86426498

    2815 E 64th Street Long Beach, CA 90805

    • Price: $1,450,000
    • Status: Active
    • Updated: 115 min ago
    • ID#: PW18190081
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,320
    SQFT
    $336
    $/SQFT
    1964
    Built
    Neighborhood:
    North Long Beach (Nlb)
    County:
    Los Angeles
    Area:
    7 - North Long Beach
    Property Description
    NO RENT CONTROL, Always full, excellent income generation property in popular area of Long Beach, An opportunity to acquire a 4-unit multifamily building, All 4 of 3 bedrooms & 1.5 bathrooms property is has been heavily and completely remodeled 2years ago, The current owner has spent over $200,000 on improvement including New electric panels, new roof, new dual pane windows, new laminate flooring (no carpet), new kitchen cabinet, granite counter top & new appliances, new bathroom, new fixtures throughout, new wall heater, recessed lighting new copper plumbing, 4 separate electrical meters, new interior & exterior paint, new gated carport for 4 cars space w/new roof, extra sound proof protection on flooring between first and second floor, on-site coin operated laundry room w/2washers & 2dryers for 4units, new driveway, There are no vacancies, This property is also conveniently located to several freeways and public transportation. any renter would be happy to live here! Tenants are on with full 1 month security deposit and fully executed rental agreement, City of Long Beach market has always enjoyed strong rental growth and with lots of redevelopment it seems this will continue for years to come. Make your offers subject to inspection and approval, sale as-is, , no sign on property, * PLEASE DO NOT DISTURB TENANTS* * DRIVE BY ONLY * !!!
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarport DetachedDrivewayGated Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Appliances Gas Stove Appliances YN Yes 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 Door Features Panel Doors Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Heater Heating YN Yes Interior Features Granite Counters Laundry Features Community Room Type KitchenLiving Room Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 500.00 Elevation Units Feet Fuel Expense 990.00 Gardener Expense 1020.00 Gross Income 95400.00 Gross Scheduled Income 93600.00 Insurance Expense 2500.00 Land Lease YN No Laundry Income 1800.00 Laundry YN Yes Licenses Expense 215.56 Net Operating Income 71325.00 New Construction YN No New Taxes Expense 15950.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 22275.00 Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other North Long Beach (Nlb) Tenant Pays ElectricityGasTrash Collection Total Expenses 22275.56 Trash Expense 0.00 Water Sewer Expense 1100.00 Water Source Public Year Built Source Assessor Zoning Lbcca

    Listing provided courtesy of Christina Kwon of Coldwell Banker Best Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T00:30:49.157. 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.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604