$ 975,000
-
$975,000
Price -
2
Bed -
2
Bath -
1,846
SqFt
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About the Listing SB1301700 - sbwalkant,SBESSJOSH
Perfect starter 4 unit property on a quiet street only blocks from the Beach and Downtown. Front one bed, one bath bungalow plus three studios in the rear. Front house full of historic character with hardwood floors, craftsman built-ins, large windows, renovated bathroom, kitchen, dining room, service porch and interior paint. Three well laid out studios in the rear with separate entrances, full sized bathrooms and kitchens. Well priced on actual income at 12.8X GRM plus a 9% upside to 11.8X GRM and over a 5% cap rate. Upgrades from 2020 on include newer electrical panels, new roof on front house, refreshed roof on back structure, full exterior paint, remodeled front house and one studio. Separately metered for gas and electric. Excellent location in Alamitos Beach just outside of Downtown Long Beach's East Village Arts District. Located on a small, quiet side street full of historic properties (not an alley like many "court" streets). Only 4 blocks to the beach, less than a block into the Downtown, and a few blocks to Retro Row. Walk Score 94/100
Listing Highlights for 440 N Zona Ct
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
SB25234349
Year Built
1940
Total Square Footage
1,846
Lot/Acreage
0.06
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Gas Oven, Gas Range
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Rectangular Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Flat
- Others: 2+ Total Units
- Sewer: Private Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7266008007
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
440 N Zona Ct Long Beach, CA 90802
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