$1,185,000
$1,250,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
5,183 Sqft Lot
SOLD DATE : 02/11/2014
Key Details
Sold Price $1,185,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Park (Bp)
MLS Listing ID PW13194922
Sold Date 02/11/14
Construction Status Additions/Alterations
HOA Y/N No
Year Built 1943
Lot Size 5,183 Sqft
Property Description
Here is an outstanding opportunity to own in Belmont Park, one of the premier investment locations in Long Beach, where we enjoy NO RENT CONTROL and LOWER DENSITY than adjacent areas. Lot sizes in Belmont Park are nearly twice as large as lots in Belmont Shore, yet Belmont Park remains just one block from 2nd St Shopping and Restaurants, and four blocks to the Pacific Ocean. All units are one bedroom, and VERY easy to rent. Rents are low and upside potential is strong. Excellent loan with Chase is assumable to qualified Buyer.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR4R
Interior
Flooring Carpet, Wood
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Assigned, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Storm Drain(s)
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
Roof Type Composition,Rolled/Hot Mop
Parking Type Assigned, Garage
Total Parking Spaces 4
Private Pool No
Building
Faces South
Story 2
Entry Level Two
Foundation Concrete Perimeter, Raised, Slab
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Additions/Alterations
Others
Senior Community No
Tax ID 7249012020
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Robert Stepp • Keller Williams Pacific Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "