For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,305,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW14182961
Sold Date 11/09/14
HOA Y/N No
Year Built 1923
Lot Size 7,448 Sqft
Property Description
We are proud to present a well-maintained 11-unit apartment building located at 621 East 6th Street in Downtown Long Beach, California. The property features an excellent unit mix of four studio/one-bathroom units, five one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit and one three-bedroom/ two-bathroom unit. Built in 1923, the subject property consists of 8,136 rentable square feet with a lot size of 7,437 square feet. There are separate meters for gas and electricity. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy being in Downtown Long Beach which is known for its major tourist attractions, variety of businesses, hotels, restaurants, and entertainment. This is a rare opportunity to acquire a quality asset in a prime location with true rental upside and stable return
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 11-15 Units/Acre
Sewer Unknown
Water Public
Others
Tax ID 7274018038
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sarah Martin • First Team Real Estate