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Sold for $716,666 on 02/08/24
  • Listing Provided by: 

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    Bought with: Keller Williams - Santa Monica
    $716,666

    494-496 E Sunset St, Long Beach, CA 90805

    4beds
    4baths
    1,848sqft
    Quadruplex
    Built in 1954
    -- sqft lot
    $935,500 Zestimate®
    $388/sqft
    $2,408 Estimated rent

    Owner options

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    $2,408/mo

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    $2,408/mo

    Rent Zestimate®

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    $4,395/mo

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    $4,395/mo

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    What's special

    494-496 E Sunset St is an excellent investment opportunity tucked away in a quiet neighborhood corner of North Long Beach. This is a unique opportunity to own two identical duplexes on adjacent lots. The property consists of four 1bd/1ba units with ample parking and a 2-car garage in the back that provides ADU potential*, and the asset offers rental upside of +/- 12%. Just a short drive from the numerous grocery stores and vast selection of restaurants lining Atlantic Blvd., and a straight shot to the 710 and 91-Freeway junction, 494-496 E Sunset offers a fantastic level of convenience to its tenants. This property is listed separately but offers a unique opportunity to acquire 6 total units with the addition of the duplex at 491-491 ½ E 51st St that backs up to the property.

    Zillow last checked: 8 hours ago

    Listing updated: February 09, 2024 at 10:11am

    Listing Provided by:

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    Bought with:

    Robert Stepp, DRE #01456379

    Keller Williams - Santa Monica

    Source: CRMLS,MLS#: PW23211575MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,848
    • Total interior livable area: 1,848 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,886 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 7130011015
    • Zoning: LBR1N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: North Long Beach (Nlb)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
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    Estimated market value
    $935,500