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1044 Cedar AVE Long Beach, CA 90813
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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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Bought with Ray Pashaee • Hamid Pashaee, Broker