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$649,900
Est. payment /mo
2 Beds
3 Baths
2,823 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW26100651
Bedrooms 2
Lot Size 2,823 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Value-add opportunity in North Long Beach. The property features a 2 bed / 1 bath main house with a bonus room currently used as a third bedroom. There are two additional detached studio unitsone in the front (tenant-occupied) and one in the rear (currently vacant). Property is separately metered with (4) electric meters and (3) gas meters. The property has operated as a triplex for over 30 years and tax records reflect triplex use; however, the current owner has been informed by the City of Long Beach that City records indicate that this is a single-family residence. Seller makes no representations about the legal use of the property. Buyer to independently verify legal use, zoning, and potential paths to legalization. Significant upside for an investor or owner-user willing to navigate the process. Interiors of the front and rear structures recently got new paint and flooring. Middle unit needs TLC.
Location
State CA
County Los Angeles
Zoning Assessor
Direction On South St, West of Atlantic
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7126001022
Acceptable Financing Cash
Listing Terms Cash
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Listed by Cody Charnell, DRE#01950585 Sage Real Estate Group, Inc.
NEARBY SCHOOLS & PROPERTIES
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878