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Sold for $1,750,000 on 06/06/24
  • Listing Provided by: 

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    Bought with: Keller Williams Pacific Estate
    $1,750,000

    1205-1207 Bennett Ave, Long Beach, CA 90804

    9beds
    8baths
    3,797sqft
    Mixed Use
    Built in 1923
    -- sqft lot
    $1,719,500 Zestimate®
    $461/sqft
    $-- Estimated rent

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    What's special

    1205-1207 Bennett Avenue is a 7-unit apartment asset located in Long Beach, California. The property is offered at 11.92 GRM and 5.50% cap rate on current rents. The property is comprised of (5) 1BD / 1BA units; (1) 2BD / 1BA unit: and (1) 1BD / 1BA unit. Three (3) garages offer the potential for ADU conversion. All units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. The property is located in a quiet, residential neighborhood near Belmont Heights.

    Zillow last checked: 8 hours ago

    Listing updated: June 06, 2024 at 11:42am

    Listing Provided by:

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    Bought with:

    Alec Kara, DRE #02030808

    Keller Williams Pacific Estate

    Source: CRMLS,MLS#: PW24005142MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,797
    • Total interior livable area: 3,797 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,292 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 7241008014
    • Zoning: LBR3S
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: Eastside (Es)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
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    Estimated market value
    $1,719,500