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Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID DW23009535
Sold Date 03/15/23
HOA Y/N No
Year Built 1939
Lot Size 7,518 Sqft
Property Description
Long Beach 4 unit's, great opportunity! Welcome to 1701 Pine Ave, Long Beach. This Unique property consists of 4 Units, two story building with 8 Conforming parking spaces and 2 non-conforming parking spaces in the front of the property. Unit #1 month to month ($1,360 Monthly) has 2Bed, 1Bath and living room! Unit #2 Year Lease ($1,800 Monthly) is a fully remolded 2Bed, 1Bath large bedroom! #3 month to month($1,050 Monthly) is a Studio (0)bedroom. #4 Year Lease ($1,250 Monthly) is a Studio (0)bedroom fully remolded with recess lighting and new floors. 2 of 4 units have been remolded. Plans for the ADU Garage conversion has been submitted to the city for approval. This can potentially be a 6 Unit property in additional income. Near public transportation, Schools, Parks and shopping.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard, Near Public Transit, Yard
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269009001
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with David Poncia • Vista Sotheby’s International Realty
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