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1164 E Salt Lake Street

Long Beach, CA 90806
  • $1,109,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: OC23118516
Price Reduced
UPDATED: 34 min ago
$1,109,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Poly High (Ph)
Type:
Multi-Family
Built:
1964
County:
Los Angeles
Area:
9 - Poly High

School Ratings & Info

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Listing Agent(s): Christopher Nguyen of Professional R.E. Center, Inc. (714-714-0199)


Description

Four 2BD/1 BR units, great opportunity for investment. This property features 4 units: All units have similar floor plans which is a spacious living, dining area and kitchen, with 2 good sized bedrooms and 1 bath. Long-term tenants with a history of on-time payments provide stability. Don't miss out on this opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/141175796
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1164 E Salt Lake Street Long Beach, CA 90806

  • Price: $1,109,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 34 min ago
  • MLS #: OC23118516
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1964
Built
Neighborhood:
Poly High (Ph)
County:
Los Angeles
Area:
9 - Poly High
Property Description
Four 2BD/1 BR units, great opportunity for investment. This property features 4 units: All units have similar floor plans which is a spacious living, dining area and kitchen, with 2 good sized bedrooms and 1 bath. Long-term tenants with a history of on-time payments provide stability. Don't miss out on this opportunity!
Exterior Features

Entry Level 1 Entry Location Ground Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Features Electric GateOne SpaceOn Street Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.29 Common Interest None Community Features Sidewalks Garage YN No Gross Income 48000 Gross Scheduled Income 48000 Insurance Expense 1000 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 45460 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 2540 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 1440 Water Source Public Zoning Lbr2n



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Christopher Nguyen of Professional R.E. Center, Inc. (714-714-0199)