For sale
  • Listing Provided by: 

    Anthony Walker DRE #01908153 310-561-4776,

    Buckingham Investments, Inc,

    Josh Ess DRE #02035659 310-982-7055,

    Buckingham Investments, Inc

    $975,000

    440 N Zona Ct, Long Beach, CA 90802

    4beds
    4baths
    1,846sqft
    : 
    Quadruplex
    Built in 1940
    -- sqft lot
    $969,100 Zestimate®
    $528/sqft
    $-- HOA

    What's special

    Craftsman built-insHistoric characterRemodeled front houseService porchLarge windowsSeparate entrancesQuiet street
    Perfect starter 4 unit property on a quiet street only blocks from the Beach and Downtown. Front one bed, one bath bungalow plus three studios in the rear. Front house full of historic character with hardwood floors, craftsman built-ins, large windows, renovated bathroom, kitchen, dining room, service porch and interior paint. Three well laid out studios in the rear with separate entrances, full sized bathrooms and kitchens. Well priced on actual income at 12.8X GRM plus a 9% upside to 11.8X GRM and over a 5% cap rate. Upgrades from 2020 on include newer electrical panels, new roof on front house, refreshed roof on back structure, full exterior paint, remodeled front house and one studio. Separately metered for gas and electric. Excellent location in Alamitos Beach just outside of Downtown Long Beach's East Village Arts District. Located on a small, quiet side street full of historic properties (not an alley like many "court" streets). Only 4 blocks to the beach, less than a block into the Downtown, and a few blocks to Retro Row. Walk Score 94/100
    1 day
    |
    216
    |
    15
    |
    • Loading
    • Loading