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    1206 Belmont Avenue

    Long Beach, CA 90804
    • $1,200,000
    • STATUS: Pending
    • ON SITE: 35 days
    • ID#: PW21013180
    Pending
    UPDATED: 74 min ago
    $1,200,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,148
      SQFT
    • $381
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Great units in a prime rental area-close to restaurants-transportation, easy to get to CSULB and to the freeways. This property features a good mix of 2 bedrooms and 1 bedrooms. The 4 garages are rented separately and there is good potential upside to the rents. The numbers do NOT include the rent for owners unit and owners garage which could rent for a possible $1700/month This property is great for a new or seasoned investor!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-04T13:31:01.703. 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 RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/113657079
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    1206 Belmont Avenue Long Beach, CA 90804

    • Price: $1,200,000
    • Status: Pending
    • Updated: 74 min ago
    • ID#: PW21013180
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,148
    SQFT
    $381
    $/SQFT
    1948
    Built
    Neighborhood:
    Eastside (Es)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    Great units in a prime rental area-close to restaurants-transportation, easy to get to CSULB and to the freeways. This property features a good mix of 2 bedrooms and 1 bedrooms. The 4 garages are rented separately and there is good potential upside to the rents. The numbers do NOT include the rent for owners unit and owners garage which could rent for a possible $1700/month This property is great for a new or seasoned investor!
    Exterior Features

    Construction Materials Stucco Garage Spaces 4.00 Lot Features Level With StreetNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View None View YN No

    Interior Features

    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 Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace 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 Community Features Sidewalks Country Us Elevation Units Feet Garage Income 5220.00 Gross Income 5220.00 Gross Scheduled Income 53100.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN No Net Operating Income 34000.00 New Construction YN No New Taxes Expense 15000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 19000.00 Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Subdivision Name Other Eastside (Es) Tenant Pays Cable TvElectricityGas Total Actual Rent 47280.00 Total Expenses 19000.00 Trash Expense 360.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 996.00 Water Source Public Year Built Source Assessor Zoning Lbr3s

    Listing provided courtesy of Lorene Morgan of Fathom Realty Group Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-04T13:31:01.703. 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 RE/MAX Masters. Licensed in the State of California, USA.

     
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