930 E 11th Street, Long Beach, CA 90813 (MLS # PW24089830)
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Discover an exceptional investment opportunity within this meticulously renovated quadraplex, boasting a generous 2,952 square feet of living space priced at a competitive $338 per square foot. Built in 1923, this property seamlessly merges historic charm with contemporary upgrades, offering a blend of character and functionality.This four-plex presents four expansive one-bedroom units, thoughtfully designed to easily convert into two-bedroom layouts, providing versatility to accommodate varying tenant needs. Each unit is a testament to quality craftsmanship and modern convenience, featuring recent enhancements including new windows, stucco, paint, as well as essential plumbing and electrical upgrades.With an impressive annual income of $71,280 this property promises a lucrative return on investment. Furthermore, the option to utilize one unit immediately or rent it out adds to its appeal, ensuring flexibility for both investors and owner-occupiers.Convenience extends beyond the interiors, with the inclusion of four dedicated parking spaces, alleviating any concerns regarding parking availability. Whether you're an astute investor seeking a profitable venture or a homeowner looking to capitalize on rental income, this quadraplex offers an enticing proposition.
| DAYS ON MARKET | 13 | LAST UPDATED | 5/6/2024 |
|---|---|---|---|
| TRACT | ,n/a | YEAR BUILT | 1923 |
| COMMUNITY | Downtown Area, Alamitos Beach | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Downtown Area, Alamitos Beach |
| BUYER'S BROKERAGE COMPENSATION | 2.000 % |
| CONSTRUCTION | Stucco, Wood Siding |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| LOT | 3162 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre, Rectangular Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | ,n/a |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LBR4R |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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