$1,850,000
$1,850,000
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7,405 Sqft Lot
SOLD DATE : 07/21/2021
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW21097830
Sold Date 07/21/21
HOA Y/N No
Year Built 1919
Lot Size 7,405 Sqft
Lot Dimensions Assessor
Property Description
Six (6) unit apt. building. Consists of 4-(1 Br's) and 2-(Studios). Excellent investment opportunity in prime Bluff Heights. Excellent low vacancy rental area. All units are large with hardwood floors. Lots of parking; 4 garages + 4 open parking spaces on a 50' X 150' full size lot! Separate meters. This is in the Bluff Heights historical district (see attached documents). This district is part of the Alamitos Beach Townsite, developed by John W. Bixby in 1886 and annexed to Long Beach in 1905. More than half the homes in this district are Craftsman Bungalows built from 1910 to 1923, but some of the neighborhood’s oldest homes are Victorian. Other historically significant architectural styles include Prairie, Mediterranean, Spanish Revival, Tudor Revival, and Neo-Traditional. ***See attached supplements for additional information*** Records show this is a 7 unit apt. bldg. (see permit attached), presently the 7th unit (converted garages to a Studio apt.) is being used as a laundry room and storage room - however can easily be converted to the 7th unit! Also, one of the garages is actually a tandem garage (this will be empty by the COE) where you can enter from the alley or the drive-way. Therefore, there are 5 garage spaces.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR2A
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Concrete, Driveway Level, Driveway, Garage, Off Street, One Space
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition,Flat
Parking Type Concrete, Driveway Level, Driveway, Garage, Off Street, One Space
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7257028005
Acceptable Financing Cash, Cash to New Loan, Trust Conveyance
Listing Terms Cash, Cash to New Loan, Trust Conveyance
Financing Cash
Special Listing Condition Trust
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Bought with Mark Kachigan • Pabst, Kinney & Associates
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Realtor® | Lic# 01332311