Experience owning a pride of ownership investment property in one of the Premier and Vibrant Locations of Belmont Shore , mere steps to the Sand. This investment offers its residents the best of the Belmont Shore Experience with its exceptional recreation and lifestyle opportunities. From the popular dining spots and boutique shops along the 2nd street corridor, to the beautiful sunset walks along the World Famous Beaches of the Long Beach shore. This property also has upside potential with the possible conversion of the onsite 2 car garage to an ADU for additional increased value .
Home Style:
Traditional
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
2,547 sq. ft.237 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1954
(Age: 71)
General Listing Location:
Long Beach, 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
County Or Parish:
Los Angeles
Tenant Pays:
Cable TV, Telephone
Common Interest:
None
Gross Income:
$1,800
Gross Scheduled Income:
$87,744
Net Operating Income:
$54,020.11
Rent Control:
No
Total Actual Rent:
$7,312
Association Fee:
$0
Land Lease:
No
Electric Expense:
$3,823.7
Fuel Expense:
$0
Gardener expense:
480.0
Insurance Expense:
$3,000
Taxes expense:
23625.0
Operating Expense:
$33,723.8
Trash Expense:
$0
Water and Sewer Expense:
$2,795.1
Vacancy Allowance Rate:
$0
Tax Lot:
14
Tax Block:
32
2nd street to Glendora st West down to 69 Glendora
Floor
Type
Size
Other
-
Kitchen
00 × 00
-
View:
Ocean
Appliances:
Gas Cooktop, Disposal, Refrigerator, Water Heater, Dryer, Washer
Accessibility Features:
Parking
Number of Buildings:
1
# of Electric Meters:
0
# of Gas Meters:
0
# of Water Meters:
0
# Units Leased:
4
Community Features:
Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Senior Community:
No
Laundry Features:
None
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Level
Fireplace Features:
None
Subdivision Name:
other
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
1,2
Construction Materials:
Stucco
New Constr.:
No
Flooring:
Carpet, Laminate, Vinyl
Roof:
Composition
Common Walls:
2+ Common Walls
# Units:
4
Heating:
Wall Furnace
Fireplace:
No
Cooling:
None
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected