1316 Saint Louis Avenue,  Long Beach CA, 90804 (Residential Income)

3,960 sqft
Status: Sold
MLS#: PW14133736
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Last Updated: 12/3/2016 1:39 PM
Description for 1316 Saint Louis Avenue Long Beach, CA 90804
EXCELLENT INVESTMENT OPPORTUNITY!!! Large 6 UNIT BUILDING with great parking. Long term tenants, 4 units have their own laundry hookups. Each tenant has at least 1 parking space. There are 5 separate garages & an additional 6 more spaces to park. The front 4 units are approximately 700 sqft, the back units are approximately 570 sqft. BRAND NEW EXTERIOR PAINT JOB ON BOTH BUILDINGS, including windows, doorways, steps, garage doors. Looks Great!!! Newer roofs were put on both buildings. The front building's roof is approximately 3 years new. The back building's roof is less than 6 months new. Each unit has separate gas & electric that is individually metered. Owner pays water bill only. Plumbing is 2-3 years old. Great investment...steady occupancy. Most tenants have been there 5-10 years. A place for each tenant to plant their vegetables...A very peaceful place. Walk to restaurants , market, school , banks & transportation .
Price
Sold Price:
$650,000
Sold Date:12/05/2014
Los Angeles
3,960 (approx)
PW14133736
Closed
Description
EXCELLENT INVESTMENT OPPORTUNITY!!! Large 6 UNIT BUILDING with great parking. Long term tenants, 4 units have their own laundry hookups. Each tenant has at least 1 parking space. There are 5 separate garages & an additional 6 more spaces to park. The front 4 units are approximately 700 sqft, the back units are approximately 570 sqft. BRAND NEW EXTERIOR PAINT JOB ON BOTH BUILDINGS, including windows, doorways, steps, garage doors. Looks Great!!! Newer roofs were put on both buildings. The front building's roof is approximately 3 years new. The back building's roof is less than 6 months new. Each unit has separate gas & electric that is individually metered. Owner pays water bill only. Plumbing is 2-3 years old. Great investment...steady occupancy. Most tenants have been there 5-10 years. A place for each tenant to plant their vegetables...A very peaceful place. Walk to restaurants , market, school , banks & transportation .
Listing Information
Property Type: Cluster, 2 Story
0.15 Acres 3,960 (approx)
1922 Yes- 5 spaces
2
Public Water Service
Sewer at Street
6 Total
Neighborhood
Room Information
Exterior / Lot Features
5 Garage Spaces, 5 Parking Spaces
None
No Pool
Sidewalks
Financial Considerations
7261021009
$5,807
$60,120 Income ,$14,967Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90804 has a population of 463,589.

The median household income in Long Beach, California 90804 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Long Beach 90804 is 33.2 years.

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Courtesy: Main Street Realtors Marty Eisenberg
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