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Long Beach, CA 90813,752 Orange AVE
$757,500
Est. payment /mo
$750,000
1.0%
Est.Price: ?

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SOLD DATE : 10/18/2016

Key Details

Sold Price $757,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW16160950

Year Built 1920

Property Description

big...Big...BIG units!!! Each one bedroom unit is 832 square feet with dining and laundry rooms, plus multiple walk-in closets for more living space and storage than you see in most 2 bedroom units in this part of town. Because they are so roomy, tenants flock to the occasional vacancy and stay year after year as is the case in two of the units. The current tenant mix is one person per unit keeping the maintenance and building density low. The property has received many upgrades in the way of remodeled kitchens and bathrooms along with a full building copper re-pipe and main drain line. The back yard is a spacious and private common area that just adds one more desirable thing to the list of things that will keep your tenants happy. There are four single door one car garages that are currently retained by the owner that could be offered to the tenants or rented out for additional income. This property is proudly located in the Craftsman Village Historical Dist. offering many financial perks to landlords and property owners, please consult the city of Long Beach website for more details. If you're tired of being disappointed by all those run down buildings you've been seeing, then come see what a good investment looks like in a great rental neighborhood.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Furnace

Flooring Carpet, Tile, Wood

Fireplaces Type None

Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Door-Single, Garage, Off Street

Garage Spaces 4.0

Garage Description 4.0

Fence Wood

Pool None

Community Features Sidewalks

Utilities Available Sewer Available

Roof Type Clay,Flat,Rolled/Hot Mop

Building

Lot Description Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Near Public Transit, Sprinklers Timer

Story 2

Foundation Raised

Water Public

Others

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jack Tanner • Beach Cities Properties, Inc.
Bought with Matthew Mahowald • Buckingham Investments, Inc.
agent
Devone Richard

Broker | License ID: 1002115

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

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