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    525 E 19th Street

    Long Beach, CA 90806
    • $780,000
    • STATUS: Active Under Contract
    • ON SITE: 26 days
    • ID#: PW21147381
    Under Contract
    UPDATED: 80 min ago
    $780,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    INVESTOR OPPORTUNITY, PRICED TO SELL! Multifamily craftsman property w gross annual rent approx. $58,800. Per tax roll: 5 bedrooms and 4 bathrooms on property. Per seller / tenants: Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). The entire property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars. As a probate sale, bldg expenses to be investigated by buyer. This property is a versatile investment with the option to live in the house or one of the units. Buyer to verify all aspects of property to satisfy self including but not limited to condition, permits, occupancy rent laws for city & state, etc. Drive by only, please do not disturb tenants. Probate Sale. As Is.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. 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/119079981
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    525 E 19th Street Long Beach, CA 90806

    • Price: $780,000
    • Status: Active Under Contract
    • Updated: 80 min ago
    • ID#: PW21147381
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1923
    Built
    Neighborhood:
    Poly High (Ph)
    County:
    Los Angeles
    Area:
    9 - Poly High
    Property Description
    INVESTOR OPPORTUNITY, PRICED TO SELL! Multifamily craftsman property w gross annual rent approx. $58,800. Per tax roll: 5 bedrooms and 4 bathrooms on property. Per seller / tenants: Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). The entire property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars. As a probate sale, bldg expenses to be investigated by buyer. This property is a versatile investment with the option to live in the house or one of the units. Buyer to verify all aspects of property to satisfy self including but not limited to condition, permits, occupancy rent laws for city & state, etc. Drive by only, please do not disturb tenants. Probate Sale. As Is.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Features Off Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Curbs Contingency Probate Sale. Sale is Subject To Sellers Attorneys Approval. May Be Subject To A Notice Of Proposed Action And/Or Court Confirmation (We Do Not Expect Court Confirmation To Be Needed) Disclosures Rent ControlSubject To Estate Ruling Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 58800 Gross Scheduled Income 58800 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Listing Agreement Probate Listing Service Full Service Listing Terms CashCash To New LoanSubject To Other Net Operating Income 58800 New Construction YN No New Taxes Expense 9750 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 0 Possession See Remarks Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Third Party ApprovalProbate Listing Total Actual Rent 58800 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lbr1n

    Listing provided courtesy of Paige Charnick of Beach Equities and Estefanita Hands of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. 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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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101