522 E Rhea Street Pending Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90806
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $422
MLS Listing ID CRPW24016535
Bedrooms 15
Year Built 1923
Lot Size 6,500 Sqft
Property Sub-Type Quadruplex
Property Description
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate,Tile
Laundry Dryer,Other,Inside,Washer
Exterior
Exterior Feature Other
Utilities Available Sewer Connected
View Y/N false
View None
Building
Lot Description Other
New Construction No