3506 E 10TH Street

    Long Beach, CA 90804
    • $1,125,000
    • STATUS: Active
    • ON SITE: 169 days
    • ID#: 19461944
    UPDATED: 45 min ago
    $1,125,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,792
      SQFT
    • $403
      $/SQFT
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    The curb appeal of East 10th Street boasts a wonderful opportunity for both tenants and owner alike. This 4 unit apartment building, consisting of all one-bedrooms is ideal for any tenant, thus offering an owner the opportunity to achieve market rents in the neighborhood. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. This upside, along with the area's continuous growth in rent and developments, makes this a fantastic opportunity in the ever-growing Long Beach Market. Sitting just north of Belmont Heights and just east of Rose Park - this is prime Long Beach location.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/94350968

    3506 E 10TH Street Long Beach, CA 90804

    • Price: $1,125,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 19461944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,792
    SQFT
    $403
    $/SQFT
    1926
    Built
    Neighborhood:
    3 - Eastside, Circle Area
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    The curb appeal of East 10th Street boasts a wonderful opportunity for both tenants and owner alike. This 4 unit apartment building, consisting of all one-bedrooms is ideal for any tenant, thus offering an owner the opportunity to achieve market rents in the neighborhood. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. This upside, along with the area's continuous growth in rent and developments, makes this a fantastic opportunity in the ever-growing Long Beach Market. Sitting just north of Belmont Heights and just east of Rose Park - this is prime Long Beach location.
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 20.64 Gross Operating Income 52881.00 Improvements Amount 159154 Land Value 212207 Laundry YN Yes Net Operating Income 31478.00 Special Listing Conditions Standard Total Expenses 21403.00 Zoning Lbr3s

    Listing provided courtesy of David Harrington of Matthews Real Estate Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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