2834 E 5th Street,  Long Beach CA, 90814 (Residential Income)

2,721 sqft
Status: Sold
MLS#: PW15090064
Skip Slideshow
Last Updated: 12/8/2016 11:57 PM
Description for 2834 E 5th Street Long Beach, CA 90814
Located in a highly desirable neighborhood for renters and homeowners alike, this fourplex is perfect for an owner occupant who wants to live near the beach and take advantage of rental income to offset their mortgage or for an investor looking for a true pride of ownership property for their portfolio. TONS OF RENTAL UPSIDE!! The front building consists of a one bedroom one bath downstairs and a two bedroom one bath upstairs along with a private yard for the tenants. Both units have had some updating and the upper unit has hardwood floors, a remodeled bathroom and a remodeled kitchen with granite counters. There is a new roof and two garages. The two units in the back feel more like individual houses. A private fenced yard fronts the first one which is a well laid out one bedroom one bath tastefully remodeled with granite counters, an updated bathroom and refinished hardwood floors. The one bedroom at the back also has a great layout, remodeled kitchen, new tile shower and a private garage. In addition to the three garages there is plenty of onsite parking for the tenants. The current owner has kept rents below market – this is a great time to get in the game with an ideally located property with tons of upside!
Price
Sold Price:
$840,000
Sold Date:08/21/2015
Los Angeles
2,721 (approx)
PW15090064
Closed
Description
Located in a highly desirable neighborhood for renters and homeowners alike, this fourplex is perfect for an owner occupant who wants to live near the beach and take advantage of rental income to offset their mortgage or for an investor looking for a true pride of ownership property for their portfolio. TONS OF RENTAL UPSIDE!! The front building consists of a one bedroom one bath downstairs and a two bedroom one bath upstairs along with a private yard for the tenants. Both units have had some updating and the upper unit has hardwood floors, a remodeled bathroom and a remodeled kitchen with granite counters. There is a new roof and two garages. The two units in the back feel more like individual houses. A private fenced yard fronts the first one which is a well laid out one bedroom one bath tastefully remodeled with granite counters, an updated bathroom and refinished hardwood floors. The one bedroom at the back also has a great layout, remodeled kitchen, new tile shower and a private garage. In addition to the three garages there is plenty of onsite parking for the tenants. The current owner has kept rents below market – this is a great time to get in the game with an ideally located property with tons of upside!
Listing Information
Property Type: Cluster, 2 Story
0.16 Acres 6,751 sq.ft. 2,721 (approx)
1955 Yes- 3 spaces
2 Stucco
Public Water Service
Sewer at Street
4 Total
Neighborhood
Room Information
Interior Features
Hardwood, Carpet and Other, Ceramic Tile
Ceiling Fan(s)
Granite Counter Top, Tile Counter Top
Exterior / Lot Features
3 Garage Spaces, 6 Parking Spaces, Assigned Parking Space
Stucco
Shingle
None
No Pool
Sidewalks, Street Lights, Curbs Walk, Urban
Driving Directions
North on Temple, make a right on 5th
Financial Considerations
7257008006
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.

Loading nearby sales and history ...
Courtesy: Main Street Realtors Lorri Quiett
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