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Key Details
Sold Price $1,750,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,797 sqft
Price per Sqft $460
Subdivision Eastside
MLS Listing ID PW-24005142
Year Built 1923
Lot Size 5,292 Sqft
Property Description
1205-1207 Bennett Avenue is a 7-unit apartment asset located in Long Beach, California. The property is offered at 11.92 GRM and 5.50% cap rate on current rents. The property is comprised of (5) 1BD / 1BA units; (1) 2BD / 1BA unit: and (1) 1BD / 1BA unit. Three (3) garages offer the potential for ADU conversion. All units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. The property is located in a quiet, residential neighborhood near Belmont Heights.
Location
State CA
County Los Angeles
Zoning LBR3S
Interior
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 3.0
Pool None
Community Features Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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