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Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21744434
Sold Date 07/27/21
HOA Y/N No
Year Built 1938
Lot Size 4,356 Sqft
Property Description
2916 E 10th St is a duplex in Long Beach, CA in the desirable Eastside Rose Park neighborhood. The building is well-maintained 1930s construction with spacious 2 bed 1 bath units and gated parking. Units have hardwood floors, stainless steel appliances, granite countertops, and washer and dryer. One unit will be delivered vacant at the close of escrow which makes this a fantastic owner user investment opportunity with 15% upside in rents. The property is conveniently located 1.5 miles from the Long Beach City Beach and the Recreation Park Golf Course. It's also 3 miles off the N Lakewood Exit from the 405 Freeway. The upstairs unit is currently owner-occupied. The owner will be moving out and this unit has been underwritten at a projected market rent of $2,400 per month in our investment summary.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Building
Story 2
Others
Senior Community No
Tax ID 7258015002
Special Listing Condition Standard
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Bought with David Harrington • Matthews Real Estate Investment Services