4048 E 15th Street,  Long Beach CA, 90804 (Residential Income)

4,000 sqft
Status: Sold
MLS#: IG15242181
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Last Updated: 12/9/2016 9:23 PM
Description for 4048 E 15th Street Long Beach, CA 90804
PRICE REDUCED! Location! Location! Location! Don’t miss the opportunity to own this DUPLEX offering an attractive *CAP RATE/return on your investment. Units generate above average rents. Built in 2011, upgrades include but are not limited to: plumbing, electrical, beautiful laminate & tile floors, kitchen, baths, light fixtures, dual pane windows & blinds, panel doors & closet doors. Each unit features 4 spacious bedrooms + den & 3 baths. One bedrm & bath in the main floor. Den can be used as a study/office. Functional kitchen w/granite counter tops & all kitchen appliances included (dishwasher, fridge, stove & microwave). Cozy living room & dining area w/an open layout & a huge balcony right above each unit’s 2-car garage. Inside laundry w/ stackable washer & dryer. Each unit with its own easy to maintain good size backyard. Balcony can be converted into a studio for additional income. Proximity to CSU Long Beach makes the property ideal housing for college students. High demand area, low vacancies, long term & year round even w/college students. Property is minutes to Long Bch Airport, the beach, parks & establishments in the area. Easy access to the fwys & Pacific Coast Hwy. NO rent control. Units typically rent for $3000 per unit.
Price
Sold Price:
$1,045,000
Sold Date:10/07/2016
Los Angeles
4,000 (approx)
IG15242181
Closed
Description
PRICE REDUCED! Location! Location! Location! Don’t miss the opportunity to own this DUPLEX offering an attractive *CAP RATE/return on your investment. Units generate above average rents. Built in 2011, upgrades include but are not limited to: plumbing, electrical, beautiful laminate & tile floors, kitchen, baths, light fixtures, dual pane windows & blinds, panel doors & closet doors. Each unit features 4 spacious bedrooms + den & 3 baths. One bedrm & bath in the main floor. Den can be used as a study/office. Functional kitchen w/granite counter tops & all kitchen appliances included (dishwasher, fridge, stove & microwave). Cozy living room & dining area w/an open layout & a huge balcony right above each unit’s 2-car garage. Inside laundry w/ stackable washer & dryer. Each unit with its own easy to maintain good size backyard. Balcony can be converted into a studio for additional income. Proximity to CSU Long Beach makes the property ideal housing for college students. High demand area, low vacancies, long term & year round even w/college students. Property is minutes to Long Bch Airport, the beach, parks & establishments in the area. Easy access to the fwys & Pacific Coast Hwy. NO rent control. Units typically rent for $3000 per unit.
Listing Information
Property Type: Cluster, Other
0.15 Acres 675,400 sq.ft. 4,000 (approx)
$261.25 2011
Yes- 4 spaces
Gas Water Heater, Common Hot Water Heater
2 Total
Neighborhood
Room Information
Gas Dryer Hookup, Inside
Bathtub
Interior Features
Dishwasher, Range/Oven Free Standing, Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator, Stacked Washer/Dryer, Carbon Monoxide Detector
Carpet Wall to Wall, Ceramic Tile, Hardwood Laminate
Central Air
No Fireplace
Alarm -Smoke/Fire,
French Doors, Crown Molding, Granite Counter Top, Open Floor Plan, Recessed Lights, Window Blinds
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Driveway, Garage, 2 Car Garage
Balcony
Shingle
Vinyl, Wood
Sidewalks, Street Lights, Sliding Glass Door, Exterior Lighting, Curbs Walk, Urban
Driving Directions
Cross Streets: Terrmino Ave. and 15th St.
Financial Considerations
7253023021
$73,200 Income ,$14,633Expense
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: Century 21 Masters Jeannie Madali
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