$ 1,799,000
522 E Rhea Street Long Beach, CA 90806
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Listed by Marvin Malone • Amberwood Real Estate, Inc.
$ 1,799,000
Est. payment /mo
Active
522 E Rhea Street Long Beach, CA 90806
4,212 SqFt
UPDATED:
10/22/2024 09:54 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $427
MLS Listing ID CRPW24016535
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1923
Lot Size 6,500 Sqft
Property Description
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $140,100 per Year!!! With a Current Rate at 6.6, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile
Fireplace No
Appliance Gas Water Heater
Laundry Dryer, Washer, Other, Inside
Exterior
View None
Handicap Access Other
Parking Type Assigned, Other
Building
Lot Description Other
Water Public
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