$ 995,000
-
$995,000
Price -
9
Bed -
4
Bath -
2,108
SqFt
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About the Listing PB20249 - PWRUIOMA
Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California’s most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location. The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity for tenants giving it a competitive advantage to surrounding rentals and added rental value. The Front unit is currently rented at $3180/month, providing immediate income from day one. The front unit is comprised of 5 bedrooms (smaller sized) that have recent hard surface floor updates and 2 bathrooms. The spacious living room has tiled floors that extend to the ample kitchen equipped with abundant dark-stained cabinetry, granite countertops and includes a stove with fan/hood and double well sink. There’s also a charming shaded front porch, ample driveway parking that accommodates up to 3 vehicles and comes equipped with a wall heater. The back unit is currently vacant and has 4 rooms and 2 bathrooms with tile floors and hard floor surfaces throughout. The kitchen has ample wood-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree. The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
PW26066695
Year Built
1918
Total Square Footage
2,108
Lot/Acreage
0.13
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances: Gas Oven, Water Heater
- Air Cond:
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor: See Remarks,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Granite Counters,Unfurnished
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 4
- Roof: Shingle
- Others: Termite Clearance,Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Door-Single,Garage Faces Front,Garage,Garage Faces Rear
Financial Details
- Tax Amount: $4,825
- Taxes w/Assessments: N/A
- Tax/Property ID: 7262008023
- Tax Year: N/A
Payment Calculator
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Questions About..
1060 Cherry A & B Long Beach, CA 90813
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