Search Nearby Homes

814 Saint Louis Avenue Long Beach, CA 90804

$1,200,000
0.15 lot
Est payment $6441.86/mo

1 / 20

Multi-Family in Long Beach

Charming 1923 craftsman style investment property located in the heart of the Historic Rose Park. 100% occupied. All tenants have lived at the property for over 9 years and pay rent on time. One lease is month to month and the other two leases are one year expiring December 2023. Over $13,000 of repairs and upgrades have been put into the property since 2021 including: a water heater, new carpet, removal of window bars, clearing of gutters, and all three units were termite fumigated. This property features three separate units on one lot. 2 of the units are 2 bedroom, 1 bathroom, with in unit laundry and the third unit is a 1 bedroom 1 bathroom. The front unit has its own private front yard and the back two units share a large fenced in yard. A long tandem driveway can hold at least 3 cars with an additional gated parking spot in the back of the property that accesses the alleyway. All tenants have lived at the property for over 9 years and pay rent on time. One lease is month to month and the other two leases are one year expiring December 2023. Over $13,000 of repairs and upgrades have been put into the property since 2021 including: a water heater, new carpet, removal of window bars, clearing of gutters, and all three units were termite fumigated.

Courtesy Of Kira Brown, 949-606-4679, DRE#02016840, Big Block Realty, Inc

0.15 Lot

Main Features

Listing Status: Active
Year Built: 1923
Floors: 1
County: Los Angeles
Units: 3
Zoning: LBR2N
Subdivision: Eastside (Es)
MLS Number:OC23021167

Additional Features

Laundry:
- Inside
- LaundryRoom
Building Square Feet:
- 2286
Common Walls:
- NoCommonWalls
Garage:
- N
Levels:
- One
New Construction:
- N
Property Subtype:
- Triplex
Year Built Source:
- Estimated
Lot Description:
- Yard
Pool:
- None
Parking:
- Driveway
Electric:
- Standard
Sewer:
- PublicSewer
Community Features:
- Sidewalks
- StreetLights
Number of Buildings:
- 3
Water:
- Public
Gross Income:
- 0
- 55800
Net Operating Income:
- 40054
Terms:
- Cash
- CashtoNewLoan
- Conventional
- Item1031Exchange
CDOM:
- 5
Special Conditions:
- Standard
Annual Trash Expense:
- 420
Cap Rate:
- 3.34
DOM:
- 5
Gross Scheduled Income:
- 55800
Insurance Expense:
- 1992
Listing Service:
- FullService
Listing Type:
- ExclusiveRightToSell
Listing Key:
- 1033196788
Operating Expense:
- 15746
Parcel Number:
- 7262010030
Water Sewer Exp:
- 1200

Price
Term
Interest Rate

Estimated Monthly Payment: $38,769.95*

Name
E-mail Address
Phone Number
Address
Address
Message
contact

Search Nearby Homes

814 Saint Louis Avenue Long Beach, CA 90804

$1,200,000
0.15 lot
Est payment $6441.86/mo

814 Saint Louis Avenue Long Beach, CA 90804

Property & Neighborhood Info

Multi-Family in Long Beach

Main Features

Additional Features

What's My Mortgage?

814 Saint Louis Avenue Long Beach, CA 90804

Van Realty Funding