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    3520 Lemon Avenue

    Long Beach, CA 90807
    • $1,550,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: SB21156884
    UPDATED: 149 min ago
    $1,550,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    Beautiful three unit property in the much sought after historical California Heights district! Large mature trees line the residential street. This property has a two story duplex in the front and a two bedroom unit over the detached rear 3 car garage. Perfect for owner user with investment income.The character of this 1930s property has been well maintained with improvements made consistent with historical preservation. Arched doorways, barrel ceiling, hardwood floors, much original Italian tilework, and other craftsman details. These units have so much historic charm combined with modern plumbing and electrical upgrades, forced air heat, and much careful maintenance. Spacious units share the combined 3,785 square feet of living area. Private courtyard area behind the duplex. This rare charmer is in a beautiful neighborhood setting and reminds one of times past.Rents are low and have upside potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T23:29:32.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119438173
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    3520 Lemon Avenue Long Beach, CA 90807

    • Price: $1,550,000
    • Status: Active
    • Updated: 149 min ago
    • ID#: SB21156884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1932
    Built
    Neighborhood:
    California Heights (Ch)
    County:
    Los Angeles
    Area:
    6 - Bixby, Bixby Knolls, Los Cerritos
    Property Description
    Beautiful three unit property in the much sought after historical California Heights district! Large mature trees line the residential street. This property has a two story duplex in the front and a two bedroom unit over the detached rear 3 car garage. Perfect for owner user with investment income.The character of this 1930s property has been well maintained with improvements made consistent with historical preservation. Arched doorways, barrel ceiling, hardwood floors, much original Italian tilework, and other craftsman details. These units have so much historic charm combined with modern plumbing and electrical upgrades, forced air heat, and much careful maintenance. Spacious units share the combined 3,785 square feet of living area. Private courtyard area behind the duplex. This rare charmer is in a beautiful neighborhood setting and reminds one of times past.Rents are low and have upside potential.
    Exterior Features

    Architectural Style Spanish Carport Spaces 0 Lot Features Front YardSprinklers In FrontStreet Level Number Of Separate Electric Meters 3 Open Parking Spaces 2 Parking Features Assigned Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Curbs Contingency Private Remarks: Broker/Agent Does Not Guarantee The Accuracy Of The Square FootageLot SizeBedroom/Bathroom CountOr Other information Concerning The Condition Or Features Of The Property Provided From The SellerPublic RecordsOr Other Sources. Buyer is Advised To independently Verify The Accuracy Through Personal inspection And With Appropriate Professionals.Offer INSTRUCTIONS: Along With Ripa OfferIncludeTrust AdvisoryPreapproval Letter From LenderSource Of FundsAnd Fico Scores. Garage YN Yes Gross Income 74640 Gross Scheduled Income 74640 Inclusions Viking Stove Insurance Expense 1500 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 50755 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 23885 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Total Actual Rent 6166 Trash Expense 1200 Water Sewer Expense 2400 Water Source Public Zoning Lbr1n

    Listing provided courtesy of Jeffrey Barnes of The Realestate Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T23:29:32.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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