Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    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
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      PRICED 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.
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    Features
    Building Area Total
    1. 5119.00
    Cooling
    1. None
    Country
    1. US
    Heating
    1. Wall Furnace
    Levels
    1. Two
    Netoperatingincome
    1. 135000.00
    Parcel Number
    1. 7255036017
    Parking Features
    1. Assigned
    Sourcesystemkey
    1. 25497543:CLAW
    Totalexpenses
    1. 64000.00
    Uncovered Spaces
    1. 2.00
    Views
    1. 12
    Year Built
    1. 1953
    Zoning
    1. LBR3T
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836