3506 E 10TH Street

    Long Beach, CA 90804
    • $1,125,000
    • STATUS: Active
    • ON SITE: 138 days
    • ID#: 19461944
    UPDATED: 80 min ago
    $1,125,000
    • 4
      BEDS
    • 0.09
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,792
      SQFT
    • $403
      $/SQFT
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    The curb appeal of East 10th Street boasts a wonderful opportunity for both tenants and owner alike. This 4 unit apartment building, consisting of all one-bedrooms is ideal for any tenant, thus offering an owner the opportunity to achieve market rents in the neighborhood. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. This upside, along with the area's continuous growth in rent and developments, makes this a fantastic opportunity in the ever-growing Long Beach Market. Sitting just north of Belmont Heights and just east of Rose Park - this is prime Long Beach location.

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    Based on information from CARETS as of 2019-09-18T14:49:15.633. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/94339703

    3506 E 10TH Street Long Beach, CA 90804

    • Price: $1,125,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: 19461944
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,792
    SQFT
    $403
    $/SQFT
    1926
    Built
    Neighborhood:
    Eastside, Circle Area (3)
    County:
    Los Angeles
    Area:
    Eastside, Circle Area (3)
    Property Description
    The curb appeal of East 10th Street boasts a wonderful opportunity for both tenants and owner alike. This 4 unit apartment building, consisting of all one-bedrooms is ideal for any tenant, thus offering an owner the opportunity to achieve market rents in the neighborhood. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. This upside, along with the area's continuous growth in rent and developments, makes this a fantastic opportunity in the ever-growing Long Beach Market. Sitting just north of Belmont Heights and just east of Rose Park - this is prime Long Beach location.
    Exterior Features

    Parking Spaces Total 4 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bed01 1

    Property Features

    Adjusted Gross Income 54516.00 Assessed Improvement Value 159154.00 Assessed Land Value 212207.00 Country United States Of America Expense Total Annual 21403.00 Gross Operating Income 52881.00 Gross Rent Multiplier 20.64 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 31478.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1136.00 Unit Projected Total Monthly Rent01 6400.00 Unit Total Monthly Rent01 4543.00 Unit Type01 4 Units Total In Complex 4 Zoning Lbr3s

    Listing provided courtesy of David Harrington DRE#01320460 of Matthews Real Estate Investment Services.


    Based on information from CARETS as of 2019-09-18T14:49:15.633. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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    2945 Townsgate Road Suite 300
    Westlake CA, 91361