1456 Newport Avenue,  Long Beach CA, 90804 (Residential Income)

2,243 sqft
Status: Sold
MLS#: PW14246925
Skip Slideshow
Last Updated: 12/10/2016 4:33 PM
Description for 1456 Newport Avenue Long Beach, CA 90804
Very nice Circle area 4 units......3 separate buildings. Mix is 3/2 single family home, a 1 bedroom unit on top of detached 1 car garage, a studio in bottom section of garage, and a cute 1 bedroom cottage w/ private yard (stand alone). Tenants are long term but rents are fairly close to market...maybe a little room to increase. Laundry hook-ups in garage currently used by 1 tenant but could be transformed into "community" laundry for all tenants....potential $150-200 mo. income. Property has been maintained nicely....would be an excellent investment OR owner-occupied property. Close to CSULB, shops/stores in traffic circle area. Public transportation 1/2 block away on Anaheim. Please respect tenants rights.....do not disturb. Will be shown with acceptable offer. $4595 mo income equates to $55,140 GSI which is 13.24 GRM...very respectable numbers for this solid area!!! contact listing agents for details.
Price
Sold Price:
$700,000
Sold Date:01/15/2015
Los Angeles
2,243 (approx)
PW14246925
Closed
Description
Very nice Circle area 4 units......3 separate buildings. Mix is 3/2 single family home, a 1 bedroom unit on top of detached 1 car garage, a studio in bottom section of garage, and a cute 1 bedroom cottage w/ private yard (stand alone). Tenants are long term but rents are fairly close to market...maybe a little room to increase. Laundry hook-ups in garage currently used by 1 tenant but could be transformed into "community" laundry for all tenants....potential $150-200 mo. income. Property has been maintained nicely....would be an excellent investment OR owner-occupied property. Close to CSULB, shops/stores in traffic circle area. Public transportation 1/2 block away on Anaheim. Please respect tenants rights.....do not disturb. Will be shown with acceptable offer. $4595 mo income equates to $55,140 GSI which is 13.24 GRM...very respectable numbers for this solid area!!! contact listing agents for details.
Listing Information
Property Type: Cluster, Traditional, 1 Story
0.14 Acres 2,243 (approx)
1949 Yes- 1 space
1
Water Meter, Public Water Service
Sewer Connected, Sewer at Street
Electric service at street, Natural Gas
4 Total
Neighborhood
Room Information
Common, Dryer Connection, Hookups in Garage
Exterior / Lot Features
1 Garage Spaces, 3 Parking Spaces, Assigned Parking Space
None
No Pool
Sidewalks, Street Lights, Suburban
Financial Considerations
7259012032
$5,422
$55,140 Income ,$16,542Expense
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.

Loading nearby sales and history ...
Courtesy: Coldwell Banker Coast Alliance Pam Luckey
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby