4308 4th Street, Long Beach, CA 90814
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- MLS#: 25497543 ( )
- Street Address: 4308 4th Street
- Viewed: 12
- Price: $2,349,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 0
- Days On Market: 20
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90814
- Provided by: The Agency
- Contact: Jonathan Jonathan
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DescriptionPRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights heavily remodeled in 2019 over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in place rents. Excellent unit mix for the area with 1 and 2 bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers 5.25% 5 year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Property Location and Similar Properties
Features
Building Area Total
- 5119.00
Cooling
- None
Country
- US
Heating
- Wall Furnace
Levels
- Two
Netoperatingincome
- 135000.00
Parcel Number
- 7255036017
Parking Features
- Assigned
Sourcesystemkey
- 25497543:CLAW
Totalexpenses
- 64000.00
Uncovered Spaces
- 2.00
Views
- 12
Year Built
- 1953
Zoning
- LBR3T