Long Beach, CA 90813,1044 Cedar AVE

$852,000

$850,000

0.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/28/2016

Key Details

Sold Price $852,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW16099969

Sold Date 07/28/16

HOA Y/N No

Year Built 1915

Property Description

PRIME INVESTMENT OPPORTUNITY! Front 3bed/1bath house in front with 4-1bed/1bath units in back! Long Driveway access for parking up to 6 cars Plus huge estimated 1500 Sq. Ft. basement that could possibly be permitted into 6th unit! Buyer to verify with city. New electrical & New plumbing within last 4 years. Don't miss this great investment- it won't last long. Priced to sell at a 5 CAP AND 13 X Gross PLUS upside in rents!!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Exterior

Pool None

Community Features Street Lights

Utilities Available Sewer Available

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Water Public

Others

Tax ID 7272005028

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristina Moore • Main Street Realtors
Bought with Ray Pashaee • Hamid Pashaee, Broker

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