1055 Belmont Avenue

    Long Beach, CA 90804
    • $899,000
    • STATUS: Active Under Contract
    • ON SITE: 108 days
    • MLS #: 18309992
    Under Contract
    UPDATED: 43 min ago
    $899,000
    • 4
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,022
      SQFT
    • $445
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Incredible 3 unit income property located in highly coveted rental neighborhood less than 1.5 miles away from beach and NO RENT CONTROL! This property consists of single story front home w/ 2 beds and 1 bath in immaculate condition and 2 story building in back of property with 2 add'tl units 1 up and 1 downstairs. Each unit has 1 bed/1 bath. Owner purchased this property over 50 years ago and cannot recall any unit in recent history that has been vacant longer than 1 week. Highly desirable rental property in a high demand rental neighborhood. The property has a long driveway that leads from the front house to a 2 car garage followed by a separate and additional 2 car carport and then continues on to the back building with the remaining 2 units. That is a total of 4 parking spaces on the property grounds! The property is well maintained with recent improvements completed such as copper plumbing.This is an amazing investment opportunity! Don't miss out on this one!

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    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-24T20:37:15.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.haciendagroupinc.com/homes/80500738

    1055 Belmont Avenue Long Beach, CA 90804

    • Price: $899,000
    • Status: Active Under Contract
    • Updated: 43 min ago
    • MLS #: 18309992
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,022
    SQFT
    $445
    $/SQFT
    1965
    Built
    Neighborhood:
    Eastside, Circle Are
    County:
    Los Angeles
    Area:
    Eastside, Circle Are
    Property Description
    Incredible 3 unit income property located in highly coveted rental neighborhood less than 1.5 miles away from beach and NO RENT CONTROL! This property consists of single story front home w/ 2 beds and 1 bath in immaculate condition and 2 story building in back of property with 2 add'tl units 1 up and 1 downstairs. Each unit has 1 bed/1 bath. Owner purchased this property over 50 years ago and cannot recall any unit in recent history that has been vacant longer than 1 week. Highly desirable rental property in a high demand rental neighborhood. The property has a long driveway that leads from the front house to a 2 car garage followed by a separate and additional 2 car carport and then continues on to the back building with the remaining 2 units. That is a total of 4 parking spaces on the property grounds! The property is well maintained with recent improvements completed such as copper plumbing.This is an amazing investment opportunity! Don't miss out on this one!
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 4

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 3.00 Cooling Type Air ConditioningCeiling Fan(S)

    Property Features

    Act Total Rent 37800.00 Adj Gross Income 50400.00 Annual Gross Rent 37800.00 Annual Land Lease Amount 0.00 Disclosures Property As Is Green Year Certified 0 Gross Annual Income 37800.00 Gross Operating Inc 50400.00 Gross Schedule Inc 0.00 Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 4200.00 Net Operating Inc 43555.00 Number Of Buildings 3 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Assessor Tax Rate 0.00 Total Annual Op Exp 6845.00 Total Taxes 0.00 Tv Services Cable

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of Neda Farjoodi of Keller Williams Realty Encino-Sherman Oa.
    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-24T20:37:15.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Hacienda Group Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253