$1,285,000
$1,374,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 03/01/2021
Key Details
Sold Price $1,285,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID PW21007366
Sold Date 03/01/21
HOA Y/N No
Year Built 1968
Lot Size 6,534 Sqft
Property Description
Excellent opportunity to own a 4-plex apartment building in the heart of Signal Hill, CA. 15 minutes to the beach, downtown Long Beach, Long Beach State University, the Veteran's Hospital, Memorial Hospital, Long Beach Airport and close to the freeways. A great value complex. Built in 1968; the property offers an excellent unit mix of three 2-bedroom one bath units, and one large 3 bedroom 3 bathroom unit with a fireplace. The property is well maintained and has six garages. The building is separately metered for electric and gas. Partial rehabbed units and new upgraded electrical panel installed. Tremendous upside potential.
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning SHR3*
Interior
Heating Radiant
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Biking, Curbs, Golf, Street Lights, Sidewalks, Park
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Landscaped, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7216023008
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "