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525 E 19th ST Long Beach, CA 90806
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Key Details
Sold Price $875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID PW21147381
Year Built 1923
Lot Size 6,438 Sqft
Property Description
INVESTOR OPPORTUNITY, PRICED TO SELL! subject to inspection. See remarks. Multifamily craftsman property w gross annual rent approx. $58,800. Per tax roll: 5 bedrooms and 4 bathrooms on property. Per seller / tenants: Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). The entire property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars. As a probate sale, bldg expenses to be investigated by buyer. This property is a versatile investment with the option to live in the house or one of the units. Buyer to verify all aspects of property to satisfy self including but not limited to condition, permits, occupancy rent laws for city & state, etc. Drive by only, please do not disturb tenants. Probate Sale. As Is.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR1N
Interior
Laundry See Remarks
Exterior
Parking Features Off Street
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Subject To Other
Listing Terms Cash, Cash to New Loan, Subject To Other
Special Listing Condition Third Party Approval, Probate Listing
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Bought with Charlene Hoang • Redfin Corporation