Fully leased 4 unit multi-family property located in a residential neighborhood in Long Beach.
Easy access to major streets and Freeway, conveniently located for employment center, shopping centers, restaurants, schools, college and most amenities. The property consists of 2 buildings. 1 building for 3-bedroom 2 bathroom unit has been newly remodeled with laminate wood floors. Another building for 3 units for 2 bedroom 1 bathroom unit, 1 bedroom 1 bath units x 2.
Perfect unit mix for all types of tenants. 4 car parking spaces between the 2 buildings. 1 parking space for each unit. Lots of room to increase the rents for potential cashflow growth. Close to LB city college and CSLBU. Subject to cancellation of current escrow.
Sold for $1,100,000 on 03/23/23
Listing Provided by:
Mariko Meek DRE #01778756 310-488-0275,
Vista Pacific Realty
Bought with: Lifetime Realty Inc
$1,100,000
2030 Lemon Ave, Long Beach, CA 90806
7beds
5baths
3,458sqft
Multi Family
Built in 1959
-- sqft lot
$1,386,400 Zestimate®
$318/sqft
$2,450 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 24, 2023 at 05:29pm
Listing Provided by:
Mariko Meek DRE #01778756 310-488-0275,
Vista Pacific Realty
Bought with:
Huok Lo, DRE #01368263
Lifetime Realty Inc
Source: CRMLS,MLS#: OC22170923
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,458
- Total interior livable area: 3,458 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, On Site, Paved, Private
- Has carport: Yes
- Uncovered spaces: 4
Features
- Pool features: None
Lot
- Size: 6,513 sqft
- Features: Paved
Details
- Parcel number: 7210027009
- Zoning: LBR1N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Long Beach
- Subdivision: ,No
HOA & financial
Other financial information
- Total actual rent: 6785
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$1,386,400