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    206-1/2 E 68TH St

    Long Beach, CA 90805
    • $1,350,000
    • STATUS: Active Under Contract
    • ON SITE: 74 days
    • ID#: 21-686812
    Under Contract
    UPDATED: 53 min ago
    $1,350,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,372
      SQFT
    • $400
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity to own a 4-Plex in North Long Beach! Excellent Cash Flow. All 4 units are 100% Occupied. Great for Buy and Hold investor. Property sits on a 11,540 SF lot. Close access to 91 and 710 freeways. Unit mix consist of: Unit One: 3 Bed, 2 Bath; Unit Two: 2 Bed, 1 bath; Unit Three: 1 Bed, 1 Bath; Unit Four: 2 Bed, 1 Bath. Don't miss this opportunity to own a great investment property!!!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-20T12:42:38.663. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.cgluxuryhomesla.com/homes/113953616
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    206-1/2 E 68TH St Long Beach, CA 90805

    • Price: $1,350,000
    • Status: Active Under Contract
    • Updated: 53 min ago
    • ID#: 21-686812
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,372
    SQFT
    $400
    $/SQFT
    1944
    Built
    Neighborhood:
    North Long Beach
    County:
    Los Angeles
    Area:
    North Long Beach
    Property Description
    Great Investment Opportunity to own a 4-Plex in North Long Beach! Excellent Cash Flow. All 4 units are 100% Occupied. Great for Buy and Hold investor. Property sits on a 11,540 SF lot. Close access to 91 and 710 freeways. Unit mix consist of: Unit One: 3 Bed, 2 Bath; Unit Two: 2 Bed, 1 bath; Unit Three: 1 Bed, 1 Bath; Unit Four: 2 Bed, 1 Bath. Don't miss this opportunity to own a great investment property!!!
    Exterior Features

    Lot Size Area 11540 Other Structures None Parking Garage Garage - 4+ Car Total Parking 4

    Interior Features

    Baths Total 6.00 Cooling None Equipment DishwasherGarbage DisposalGas Dryer HookupGas Or Electric Dryer HookupRange/Oven Heating Wall

    Property Features

    Gross Income 9840 Gross Operating Income 118080 Land Lease Amount Per Year 0.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 79700.00 Number Of Buildings 4 Number Of Units 4 Owner Pays GardenerWaterOther Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 38383 Type Of Units Rental Year Built Source Assessor Zoning Lbr1n

    Listing provided courtesy of Robin Mitchell DRE#02004841 of Realty Executives Westside.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-20T12:42:38.663. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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