748 Newport AVE, Long Beach, CA 90804 – IV23078920

$1,485,000

Est. payment -/mo

$1,400,000

6.1%

Est.Price: ?

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6,211 Sqft Lot

SOLD DATE : 06/23/2023

Key Details

Sold Price $1,485,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Circle

MLS Listing ID IV23078920

Year Built 1968

Lot Size 6,211 Sqft

Property Description

Don't miss out on this great investment opportunity in Long Beach. This four unit complex has one 3 bedroom 2 bath all downstairs unit that has recently been renovated. There are three more 2 bedroom 1 bath units with one of the 2 bedroom units downstairs that has been completely renovated. Property features an on-site downstairs common area laundry area. Behind the units are two 2 car garage and one 1 car garage. These units are located with in minutes of parks, schools, shopping, restaurants, public transportation and much more. This property has so much potential.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR3S

Interior

Heating Ductless, Radiant

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type Bath, None

Laundry Common Area, Outside

Exterior

Parking Features Assigned, Concrete, Door-Multi, Door-Single, Garage, Garage Faces Side, On Street

Garage Spaces 5.0

Garage Description 5.0

Fence Block

Pool None

Community Features Biking, Curbs, Golf, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Park

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Asphalt,Concrete,Flat,Mixed

Building

Lot Description 2-5 Units/Acre, Sprinklers In Front, Lawn, Landscaped, Near Park, Near Public Transit, Paved, Rectangular Lot, Sprinkler System, Street Level

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

New Construction No