1459 W Parade Street,  Long Beach CA, 90810 (Residential Income)

3,715 sqft
Status: Sold
MLS#: 15926153
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Last Updated: 12/9/2016 10:39 PM
Description for 1459 W Parade Street Long Beach, CA 90810
Well maintained 4 unit building with avocado, guava and lime trees on the premises for tenant enjoyment. The building comes with 4 parking spaces and an on-site laundry room. These spacious units contain tiled floors. new sinks and toilets, and a large gated and secure outdoor space. This is a low barrier to entry building and is great for a first time buyer with good cash flow and rental up-side in Long Beach's non rent controlled environment. Rents have not been raised in at least 3 years to provide the new buyer with immediate up-side in raising rents. Close to Downtown Long Beach and easy access to the 710 freeway, this building is well situated to capture upside from the revitalization of Long Beach.
Price
Sold Price:
$740,000
Sold Date:10/09/2015
Los Angeles
3,715 (approx)
15926153
Closed
Description
Well maintained 4 unit building with avocado, guava and lime trees on the premises for tenant enjoyment. The building comes with 4 parking spaces and an on-site laundry room. These spacious units contain tiled floors. new sinks and toilets, and a large gated and secure outdoor space. This is a low barrier to entry building and is great for a first time buyer with good cash flow and rental up-side in Long Beach's non rent controlled environment. Rents have not been raised in at least 3 years to provide the new buyer with immediate up-side in raising rents. Close to Downtown Long Beach and easy access to the 710 freeway, this building is well situated to capture upside from the revitalization of Long Beach.
Listing Information
Property Type: Cluster, Other
0.15 Acres 6,490 sq.ft. 3,715 (approx)
$199.19 1957
4 Total
Neighborhood
Room Information
Interior Features
Garbage Disposal, Dishwasher
None
Exterior / Lot Features
4 Parking Spaces, Driveway
LBR2N
Driving Directions
One Block N. of Pacific Coast Highway and 3 Blocks E. of Santa Fe Ave.
Financial Considerations
7431030017
,$21,092
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90810 has a population of 463,589.

The median household income in Long Beach, California 90810 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 90810 is 33.2 years.

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Courtesy: BRC Advisors Ryan Cinelli
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Information is deemed reliable but is not guaranteed.

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