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    2122 E 10th Street

    Long Beach, CA 90804
    • $1,199,990
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: PW21007325
    UPDATED: 36 min ago
    $1,199,990
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,658
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    This is a wonderful investment property with income upside that is waiting to be maximized. Ideally situated in Long Beach +GG East-side neighborhood, this secure 4plex has been upgraded inside and enjoys reliable, long-term tenants. The seller has invested in beautifully updating three of the units so this could be a great opportunity for a resident-owner plus it offers upside with future rental increases. The units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two of the units have garages and each pays its own electricity and gas. One of the units has laundry in the garage. Ideally located near DTLB, the Zaferia district and close to CSULB, LBCC, the beach, public transportation and the freeways, this property has broad appeal so you will never have vacancies.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T10:26:04.393. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113232662
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    2122 E 10th Street Long Beach, CA 90804

    • Price: $1,199,990
    • Status: Active
    • Updated: 36 min ago
    • MLS #: PW21007325
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,658
    SQFT
    $328
    $/SQFT
    1963
    Built
    Neighborhood:
    Junipero Gardens (Jpg)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    This is a wonderful investment property with income upside that is waiting to be maximized. Ideally situated in Long Beach +GG East-side neighborhood, this secure 4plex has been upgraded inside and enjoys reliable, long-term tenants. The seller has invested in beautifully updating three of the units so this could be a great opportunity for a resident-owner plus it offers upside with future rental increases. The units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two of the units have garages and each pays its own electricity and gas. One of the units has laundry in the garage. Ideally located near DTLB, the Zaferia district and close to CSULB, LBCC, the beach, public transportation and the freeways, this property has broad appeal so you will never have vacancies.
    Exterior Features

    Garage Spaces 2.00 Lot Features Paved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionShingle Uncovered Spaces 2.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 559 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1000 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Copper Plumbing Full Laundry Features In Garage Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.20 Community Features SidewalksStreet Lights Country Us Electric Expense 160.00 Elevation Units Feet Gardener Expense 160.00 Gross Income 81488.00 Gross Operating Income 81488.00 Gross Scheduled Income 81488.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2600.00 Net Operating Income 63453.00 New Construction YN No New Taxes Expense 15000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number With Range 4 Operating Expense 18036.00 Professional Management Expense 5185.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Junipero Gardens (Jpg) Tenant Pays ElectricityGas Total Expenses 19535.00 Trash Expense 1623.00 Water Sewer Expense 2234.00 Water Source Public Year Built Source Assessor Zoning Lbr1n

    Listing provided courtesy of Costanza Genoese Zerbi of Redfin Corporation


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T10:26:04.393. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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