2634 E 4th Street,  Long Beach CA, 90814 (Residential Income)

3,454 sqft
Status: Backup Offers
MLS#: LG16708074
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Last Updated: 12/9/2016 2:47 AM
Description for 2634 E 4th Street Long Beach, CA 90814
TURNKEY MIXED USE INVESTMENT PROPERTY WELL LOCATED IN THE HEART OF HIGHLY DESIRABLE RETRO ROW. Originally built in 1947, Extensively Remodeled in 2015, Comprised of 5 units plus 3 garages and a private-gated center courtyard common area. 4 Residential Units and 1 Corner Retail Space boasting prominent visibility, window display and stylishly striped awnings. Each residential unit has its own laundry area. Separately metered units. The property features recent extensive renovations to exteriors and most interiors including: Remodeled Kitchens & Baths, New Wood Flooring, Washer-Dryer Hookups, Granite Counters, New Appliances, New Bathroom Tiles, New Light Fixtures, New Interior and Exterior Doors, New Drought Resistant Landscaping, Tankless Water-Heaters, Refinished Windows, Newly Painted and More. Strong rental history in an A Location just blocks away from beach, Ocean Blvd., Downtown and 2nd St. and Belmont Shores. Partake of all Retro Row & Art District have to offer including specialty coffee shops, wine bars and farm fresh organic restaurants, high-end designer and vintage stores, The Art Theater/Film Festival, live music, vintage emporiums, surf shops and more. NO RENT CONTROL. LOW MAINTENANCE/ SEPARATELY METERED UNITS. Walking distance to schools, churches and public transportation. Area trending upwards due to Long Beach Port improvement project, Convention Center, Aquarium, Grand Prix. Don't miss this A+ Investment Opportunity. (This is a Trust Sale)
Price
$1,357,000
Los Angeles
3,454 (approx)
LG16708074
Backup Offers
Description
TURNKEY MIXED USE INVESTMENT PROPERTY WELL LOCATED IN THE HEART OF HIGHLY DESIRABLE RETRO ROW. Originally built in 1947, Extensively Remodeled in 2015, Comprised of 5 units plus 3 garages and a private-gated center courtyard common area. 4 Residential Units and 1 Corner Retail Space boasting prominent visibility, window display and stylishly striped awnings. Each residential unit has its own laundry area. Separately metered units. The property features recent extensive renovations to exteriors and most interiors including: Remodeled Kitchens & Baths, New Wood Flooring, Washer-Dryer Hookups, Granite Counters, New Appliances, New Bathroom Tiles, New Light Fixtures, New Interior and Exterior Doors, New Drought Resistant Landscaping, Tankless Water-Heaters, Refinished Windows, Newly Painted and More. Strong rental history in an A Location just blocks away from beach, Ocean Blvd., Downtown and 2nd St. and Belmont Shores. Partake of all Retro Row & Art District have to offer including specialty coffee shops, wine bars and farm fresh organic restaurants, high-end designer and vintage stores, The Art Theater/Film Festival, live music, vintage emporiums, surf shops and more. NO RENT CONTROL. LOW MAINTENANCE/ SEPARATELY METERED UNITS. Walking distance to schools, churches and public transportation. Area trending upwards due to Long Beach Port improvement project, Convention Center, Aquarium, Grand Prix. Don't miss this A+ Investment Opportunity. (This is a Trust Sale)
Listing Information
Property Type: Cluster, Bungalow, Craftsman, 2 Story
0.1 Acres 475,300 sq.ft. 3,454 (approx)
$392.88 1947
Yes 2
5 Total
Neighborhood
Room Information
Dryer Connection, Inside
Interior Features
Washer
Central Air, Window/Wall Unit
Wall Unit
Exterior / Lot Features
3 Parking Spaces, Garage
Composition
None
No Pool
LBCNR
Gutters, Sidewalks, Street Lights, Exterior Lighting, Curbs Walk
Driving Directions
Corner of 4th St. and Molino Avenue. Between Molino and Temple Ave.
Financial Considerations
7263024020
$85,200 Income ,$22,764Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90814 has a population of 463,589.

The median household income in Long Beach, California 90814 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 90814 is 33.2 years.

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Courtesy: Surterre Properties Deborah Lambros
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Information is deemed reliable but is not guaranteed.

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