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    2296 Euclid Avenue

    Long Beach, CA 90815
    • $975,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: PW20261990
    UPDATED: 5 min ago
    $975,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,536
      SQFT
    • $635
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Potential to make over $109,000 gross income a year; great investment opportunity knocks! The building plan to make this duplex a 4-unit is already submitted to the city, anticipating the approval. One additional unit will feature 2-bedroom 1-bathroom, with potential rent at $2,500 per month. The other additional unit has 1-bedroom, 1-bathroom, with potential rent at $2,000 per month. The duplex is recently upgraded with 2 bedrooms 1 bathroom in each unit, current prorated rent at $2,500 a month for each unit. A laundry room with coin washer/dryer on property brings in additional income. Each unit has newer flooring and newer paint throughout. The kitchen in each unit has quartz counter top and has plenty of space for cooking. It also features stainless kitchen appliances including stovetop, microwave hood combo, and dish washer. All bedrooms have ceiling fans. The spacious bathrooms feature all newer vanity and shower. Each unit has its own private entrance and space to add washer, dryer hook-up. The property is located in a quiet residential neighborhood with a large grassy shaded front yard, features that are attractive to your future tenants. Don't miss this property that can generate a handsome income.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T23:27:48.72. 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/112825936
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    2296 Euclid Avenue Long Beach, CA 90815

    • Price: $975,000
    • Status: Active
    • Updated: 5 min ago
    • MLS #: PW20261990
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,536
    SQFT
    $635
    $/SQFT
    1945
    Built
    Neighborhood:
    Artcraft Manor (Am)
    County:
    Los Angeles
    Area:
    35 - Artcraft Manor
    Property Description
    Potential to make over $109,000 gross income a year; great investment opportunity knocks! The building plan to make this duplex a 4-unit is already submitted to the city, anticipating the approval. One additional unit will feature 2-bedroom 1-bathroom, with potential rent at $2,500 per month. The other additional unit has 1-bedroom, 1-bathroom, with potential rent at $2,000 per month. The duplex is recently upgraded with 2 bedrooms 1 bathroom in each unit, current prorated rent at $2,500 a month for each unit. A laundry room with coin washer/dryer on property brings in additional income. Each unit has newer flooring and newer paint throughout. The kitchen in each unit has quartz counter top and has plenty of space for cooking. It also features stainless kitchen appliances including stovetop, microwave hood combo, and dish washer. All bedrooms have ceiling fans. The spacious bathrooms feature all newer vanity and shower. Each unit has its own private entrance and space to add washer, dryer hook-up. The property is located in a quiet residential neighborhood with a large grassy shaded front yard, features that are attractive to your future tenants. Don't miss this property that can generate a handsome income.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 1200.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 60000.00 Gross Scheduled Income 60000.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 42000.00 New Construction YN No New Taxes Expense 8500.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 18000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Artcraft Manor (Am) Total Actual Rent 2500.00 Total Expenses 18000.00 Trash Expense 1000.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Public Records Zoning Lbr2n

    Listing provided courtesy of Minhua Gu of Movoto, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T23:27:48.72. 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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