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1625 E 4th ST Long Beach, CA 90802
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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW20220933
Sold Date 01/13/21
HOA Y/N No
Year Built 1923
Lot Size 6,616 Sqft
Property Description
Well priced and well located 6 unit property located in Alamitos Beach, only a few blocks from the infamous 4th Street Retro Row. The 6 unit property is comprised of 3 separate structures on a large 6,618 SF Lot. The front structure is a 1,072 SF 3bed/1bth Craftsman home. The middle structure is 1,980 SF and made up of a 4 studio units, two on the first floor and two on the second floor. Approximately 500 SF each. The rear structure is comprised of a large, approx. 1300 SF 2bd/1bth unit over 3 single car garages. Building is separately metered for gas and electricity. Same owner for 40+ years. Front house and some of the studios have been lightly remodeled in the last year. Property needs a little TLC. Upside in the rents and amazing location! Don't miss this great investment opportunity in a dense rental market with low vacancy rate and strong income.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCNR
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7266019025
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Trade
Special Listing Condition Standard
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Bought with Cameron Jacques • Kinnery's Brokerage House
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