3115 E Spaulding Street,  Long Beach CA, 90804 (Residential Income)

3,056 sqft
Status: Sold
MLS#: OC15041791
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Last Updated: 12/4/2016 4:03 PM
Description for 3115 E Spaulding Street Long Beach, CA 90804
GREAT Investment Opportunity! 4-Plex property features 1-3 bedroom, 1-2 bedroom and 2-1 bedroom units. Currently fully occupied with month-to-month tenant agreements. Current rents are below market, so property has increased income potential. Located on quiet residential street with shopping and restaurants nearby. Lovely park across the street. With some TLC and some paint this building will generate great income! Additional features include 4 garage spaces, storage areas, patios and inside courtyard. Motivated seller! Property being sold AS IS - No termite report.
Price
Sold Price:
$679,900
Sold Date:07/10/2015
Los Angeles
3,056 (approx)
OC15041791
Closed
Description
GREAT Investment Opportunity! 4-Plex property features 1-3 bedroom, 1-2 bedroom and 2-1 bedroom units. Currently fully occupied with month-to-month tenant agreements. Current rents are below market, so property has increased income potential. Located on quiet residential street with shopping and restaurants nearby. Lovely park across the street. With some TLC and some paint this building will generate great income! Additional features include 4 garage spaces, storage areas, patios and inside courtyard. Motivated seller! Property being sold AS IS - No termite report.
Listing Information
Property Type: Cluster, Bungalow, 2 Story
0.15 Acres 6,398 sq.ft. 3,056 (approx)
$222.48 1924
Yes- 4 spaces 2
Block, Stucco
Water Meter, Public Water Service
Sewer at Street
Natural Gas
4 Total
Neighborhood
Room Information
Interior Features
Hardwood, Carpet and Other, Ceramic Tile, Linoleum, Hardwood Laminate
Gas Heat
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Handicap Parking, Garage, Street Parking
Stucco
Tile, Clay
None
No Pool
LBR2N
Block, Wood
Sidewalks, Street Lights, Curbs Walk
Financial Considerations
7259026020
$7,900
$46,680 Income ,$13,892Expense
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: The Global Equities Group Ruth Bridge
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