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Long Beach, CA 90802,573 Nebraska AVE
$1,000,000
Est. payment /mo
$1,095,000
8.7%
Est.Price: ?

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SOLD DATE : 10/14/2016

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID IN16105194

Year Built 1967

Property Description

Great looking building in prime rental location. Rents are extremely low for the area. Current owner has retired and has not wanted to push rents. Property has 5 garages in the rear. There is a 3 bedroom unit that is currently configured as a 2 bedroom unit, and 3 - 2 bedroom units. Check the tax rolls it shows the that there are 9 bedrooms. Owner has a property management company and they take good car of any issues in the building. Owner trading into a TIC.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Urban

Utilities Available Sewer Available

Building

Lot Description Level

Story Two

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by MARTIN STONE • BUCKINGHAM INVESTMENTS
Bought with Anthony Walker • Buckingham Investments, Inc.
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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