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    127 E 49th Street

    Long Beach, CA 90805
    • $2,900,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: PW21064436
    UPDATED: 212 min ago
    $2,900,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4
      SQFT
    • $725,000
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    HUGE PRICE CHANGE!!! 127 East 49th. Street is very well maintained assets consisting of 4 Units on a huge parcel in North Long Beach. Right on the Tip Of Bixby Knolls. This Property Boasts 4 separate houses on the same lot. Each houses comes equipped with their own 2 car garage Plus tons of off garage parking. The Property is well-located near the prestigious Virginia Country Club. Where the average household income exceeds over a $110,000 Annually. Also is conveniently located to nearby grocery store, fine dining, churches, schools and Parks. The Complex itself is fully gated for Tenants privacy. although each units comes with a 2 car garage.The paved hardscape and extra big lot, provides the Tenants with additional parking, and enough space for entertainment. There is a 5th Building on the property that could be easily converted in a ADU for additional income. Current Owners just use this space as storage. Not to mention the extra large lot provides room to build more potential units. Investors this is one you cannot afford to miss.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T00:36:16.78. 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 DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/115550200
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    127 E 49th Street Long Beach, CA 90805

    • Price: $2,900,000
    • Status: Active
    • Updated: 212 min ago
    • ID#: PW21064436
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    4
    SQFT
    $725,000
    $/SQFT
    2004
    Built
    Neighborhood:
    North Long Beach (Nlb)
    County:
    Los Angeles
    Area:
    7 - North Long Beach
    Property Description
    HUGE PRICE CHANGE!!! 127 East 49th. Street is very well maintained assets consisting of 4 Units on a huge parcel in North Long Beach. Right on the Tip Of Bixby Knolls. This Property Boasts 4 separate houses on the same lot. Each houses comes equipped with their own 2 car garage Plus tons of off garage parking. The Property is well-located near the prestigious Virginia Country Club. Where the average household income exceeds over a $110,000 Annually. Also is conveniently located to nearby grocery store, fine dining, churches, schools and Parks. The Complex itself is fully gated for Tenants privacy. although each units comes with a 2 car garage.The paved hardscape and extra big lot, provides the Tenants with additional parking, and enough space for entertainment. There is a 5th Building on the property that could be easily converted in a ADU for additional income. Current Owners just use this space as storage. Not to mention the extra large lot provides room to build more potential units. Investors this is one you cannot afford to miss.
    Exterior Features

    Lot Features 21-25 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 10 Parking Total 20 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

    Property Features

    Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 26000 Gross Scheduled Income 26000 Insurance Expense 3000 Land Lease YN No Laundry Features InsideIn KitchenSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit Net Operating Income 600 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 600 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lbr3t

    Listing provided courtesy of Audrey Flemmings of Nationwide Real Estate Execs


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T00:36:16.78. 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 DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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