$1,210,000
$1,225,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
937 E 20th ST Long Beach, CA 90806
9,147 Sqft Lot
Key Details
Sold Price $1,210,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID SB19169226
Sold Date 08/23/19
HOA Y/N No
Year Built 1911
Lot Size 9,147 Sqft
Acres 0.21
Property Description
5.62% Cap Rate on current rents and potential 7.25 cap on market rents. It also features, new copper plumbing, newer electric wiring, 10 parking in oversized parking lot, four 2 bedroom units each with a large den that can operate as a third bedroom, and a 9,000 square foot lot. This is by far one of the best 4 unit opportunities to hit the market in the fastest growing Beach City of Long Beach.
This is the best Price Per Foot available! Do not miss this deal!
This 4 unit has more upside and a better current cap than anything out there.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR1N
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup
Interior
Laundry Location Washer Hookup,Electric Dryer Hookup
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Pool None
Community Features Curbs, Suburban, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7210005025
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with John Alden • Buckingham Investments, Inc