2292 Long Beach Boulevard

    Long Beach, CA 90806
    • $1,310,000
    • STATUS: Active Under Contract
    • ON SITE: 76 days
    • ID#: PW18052240
    Under Contract
    $1,310,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,434
      SQFT
    • $176
      $/SQFT
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Triqor Group is pleased to present this exclusive Long Beach offering. Built in 1947, this 6-unit wood & stucco construction mixed-use building is located in West Long Beach, south of Bixby Knolls, and is located steps away from the Metro Blue Line. Fully refurbished, this Long Beach property consists of two 2-bedroom, 1-bathroom units, two 1-bedroom, 1-bathroom units, and two large ground floor retail units. In addition, this property consists of 10 open parking spaces and is individually metered for gas and electric utilities. This Long Beach property is a perfect opportunity for an investor looking to acquire real estate in an increasingly desirable area. *Studio Unit is Office/Retail

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-22T00:28:31.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.teamforss.com/homes/81335880

    2292 Long Beach Boulevard Long Beach, CA 90806

    • Price: $1,310,000
    • Status: Active Under Contract
    • ID#: PW18052240
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    7,434
    SQFT
    $176
    $/SQFT
    1947
    Built
    Neighborhood:
    Westside/South Of Willow (Wsw)
    County:
    Los Angeles
    Area:
    11 - Westside
    Property Description
    Triqor Group is pleased to present this exclusive Long Beach offering. Built in 1947, this 6-unit wood & stucco construction mixed-use building is located in West Long Beach, south of Bixby Knolls, and is located steps away from the Metro Blue Line. Fully refurbished, this Long Beach property consists of two 2-bedroom, 1-bathroom units, two 1-bedroom, 1-bathroom units, and two large ground floor retail units. In addition, this property consists of 10 open parking spaces and is individually metered for gas and electric utilities. This Long Beach property is a perfect opportunity for an investor looking to acquire real estate in an increasingly desirable area. *Studio Unit is Office/Retail
    Exterior Features

    Construction Materials StuccoWood Siding Garage Spaces 0.00 Lot Features Near Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features See RemarksUnassigned Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat

    Interior Features

    Appliances Gas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring Wood Heating Wall Heater Heating YN Yes Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.70 Community Features SidewalksStreet LightingUrban Country Us Electric Expense 3000.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 95280.00 Gross Multiplier 13.75 Gross Scheduled Income 95280.00 Gross Spendable Income 16733.00 Insurance Expense 2602.00 Land Lease YN No Laundry YN No Maintenance Expense 5336.00 Net Operating Income 62093.00 New Taxes Expense 15961.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 30329.00 Operating Expense Percent 31.80 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Westside/South Of Willow (Wsw) Total Expenses 30329.00 Trash Expense 0.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Zoning Lbpd29

    Listing provided courtesy of Gary Tolfa of Triqor Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-22T00:28:31.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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