For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW15255150
Year Built 1932
Tax Year 2014
Lot Size 3,136 Sqft
Property Description
Charming 1932 Belmont Shore Spanish Duplex (plus a 3rd Unit over garage) would suit an owner/occupant or would make an savvy investor very happy! The main building has TWO bright & roomy 3 BEDROOM/2 BATH units w/ identical floor plans, ea about 1430 sf. Each has a living room, formal dining room, indiv laundry room, & breakfast room that could be 4th bed, office, or--as one unit is now using it--as a master closet! Some of the unique touches are Art Deco tile, coved ceilings, faux fireplace, wall sconces, chandeliers, glass knobs on doors, & a butler's pantry in the breakfast room. In addition, there is an approx. 500 sf 1-BEDROOM/1-BATH sunny unit over the 3 GARAGES. While not included in the sq footage, it makes the CAP RATE even more favorable! This inviting income property is an easy walk to popular Belmont Shore's shopping & dining, the Belmont Pier, Belmont Pool, grocery stores & only 1/2 BLOCK TO THE OCEAN. Either of the 3-bedroom units would make a great owners' unit (ocean view from upper!), & the income from the other units would allow for an economic way to live in the Shore! (Current rents are under market value.) 3 Garages=a Plus! Cap rate very favorable for this area! (See floor plan/VTour)
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Heating Electric, Wall Furnace
Cooling None
Flooring Tile, Vinyl, Wood
Fireplaces Type Living Room
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Sewer Available
Waterfront Description Ocean Side Of Highway
View Y/N Yes
View Neighborhood
Roof Type Spanish Tile
Building
Story Two
Foundation Raised
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Todd Turley • Main Street Realtors
GET MORE INFORMATION
Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
- Homes For Sale in Oxnard, CA
- Homes For Sale in Camarillo, CA
- Homes For Sale in Ventura, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA
- Homes For Sale in Oak Park Heights, MN
- Homes For Sale in Port Hueneme Cbc Base, CA