$795,000
$825,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1017 E Rhea ST Long Beach, CA 90806
1,558 SqFt
Key Details
Sold Price $795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,558 sqft
Price per Sqft $510
Subdivision Poly High (Ph)
MLS Listing ID PW21231654
Sold Date 02/25/22
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1953
Lot Size 6,015 Sqft
Acres 0.1381
Property Description
Back on the Market. Buyer did not perform. This triplex consists of a front house with 3 bedrooms, 2 bathrooms, a detached 2-car garage, and a separate building with two one bed, one bath units in the back. Two-car garage could be a possible ADU (buyer to do their own due diligence on the possibility of ADU). The front house bathrooms and kitchen were recently upgraded. Each unit enjoys a private yard and their own private access. The kitchen of 1021 was also upgraded about 2 years ago. The roof was redone in 2011 with 30 year shingles. All tenants are long term, are current on rent, and have never missed rent or paid late. A long driveway provides additional parking for several cars. Close to schools including LBCC, restaurants, transportation, and major employers. Great opportunity for an investor to add to their portfolio with a solid investment, or for a buyer that would like to live in one unit and use the rental income to help with the mortgage.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR1N
Rooms
Ensuite Laundry See Remarks
Interior
Interior Features Ceiling Fan(s), Unfurnished, All Bedrooms Down
Laundry Location See Remarks
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry See Remarks
Exterior
Garage Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Fair Condition
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Mixed
Accessibility See Remarks
Parking Type Driveway, Garage
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial, See Remarks
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 7210020017
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Saleha Hoque • Corcoran Global Living