1141 E Broadway, Long Beach, CA 90802 – RS23173700 - Paul Ward

$1,000,000

Est. payment -/mo

Est.Price: ?

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3,223 Sqft Lot

SOLD DATE : 10/18/2023

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID RS23173700

Year Built 1964

Lot Size 3,223 Sqft

Property Description

A residential fourplex consisting of 2 - two bedroom, two bath and 2 - one bedroom and one bathroom units partially rehabbed. Property has a new roof and new Milgard windows throughout. Each unit is separately metered for water and gas and will have in-unit AC and laundry once complete.

Permits are current. Structural, framing, rough plumbing, rough electrical, and rough HVAC all have passed inspection. Ready for drywall, and finishes. Seller requests cash only buyers with quick close. Otherwise will see the project to completion.
On complete, this to-be-turnkey luxury apartment with parking, located a few blocks from the beach and close proximity to bustling downtown Long Beach should generate approximately $11,000 in monthly income.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Rooms

Other Rooms Storage

Interior

Heating Fireplace(s)

Cooling Central Air, Ductless

Fireplaces Type Gas, Living Room

Laundry Inside

Exterior

Parking Features Door-Multi, Garage Faces Front, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking, Dog Park, Fishing, Park, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Paul Ward

paul@homeandranchteam.com +1(805) 479-5004

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Raj Sharma • HomeSmart Realty Group • nirajsharmausc@gmail.com
Bought with Raj Sharma • HomeSmart Realty Group

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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