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Sold for $1,235,000 on 11/07/23
  • Listing Provided by: 

    HERBERT HWANG DRE #01422491 626-423-9909,

    ILLUMINANT PROPERTIES

    Bought with: ILLUMINANT PROPERTIES
    $1,235,000

    1116 E 16th St, Long Beach, CA 90813

    9beds
    6baths
    3,270sqft
    Quadruplex
    Built in 1910
    -- sqft lot
    $1,284,700 Zestimate®
    $378/sqft
    $2,670 Estimated rent

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    What's special

    High cash flow and easy to manage. Ideal investment property. Long term tenants. Full rent collection throughout the pandemic. The stability every investor is looking for. The subject property has a 3 bedroom/2 bathrooms detached home in the front. Rear building has one 4 bedrooms/ 2 bathrooms at the lower level and two 1 bedroom/1 bathroom units at upper level. On site parking spaces. Property sold as is. Buyer to verify all information, not limited to unit counts and unit size and total sf. Interior viewing subject to accepted offer.

    Zillow last checked: 8 hours ago

    Listing updated: November 08, 2023 at 05:08am

    Listing Provided by:

    HERBERT HWANG DRE #01422491 626-423-9909,

    ILLUMINANT PROPERTIES

    Bought with:

    HERBERT HWANG, DRE #01422491

    ILLUMINANT PROPERTIES

    Source: CRMLS,MLS#: WS22182162MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Flooring: Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,270
    • Total interior livable area: 3,270 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Wood,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,726 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 7268022033
    • Zoning: LBR34
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Asbestos Shingle,Composition,Flat
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: Poly High (Ph)

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Submit
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    Estimated market value
    $1,284,700