$939,000
$939,000
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1077 Euclid AVE Long Beach, CA 90804
4,158 SqFt
Key Details
Sold Price $939,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,158 sqft
Price per Sqft $225
Subdivision Eastside (Es)
MLS Listing ID PW13231972
Sold Date 01/29/14
HOA Y/N No
Year Built 1968
Tax Year 2012
Lot Size 6,403 Sqft
Acres 0.147
Property Description
This fourplex is located in the Circle area of Long Beach, only several blocks from Recreation Park & Golf Course, Community Hospital and Wilson High School. This street does not get a lot of through traffic and is very quiet as this section of Euclid angles to Grand, because of the Greenbelt, before hitting 10th. There is a community garden at the greenbelt. The property has one 3BR, 2BA unit in front with a fireplace plus three 2BR, 1BA units, 5 garages and a community laundry. Rents are close to market with the exception of one very long term tenant who is well below market rent and is due for a generous increase. The property shows good cash flow with 25% down (about $1,575 PI). For for an owner occupant with 20% down, their estimated cost to live in the 3BR unit would be about $625/mo PI (4.5% APR). Call for details. Drive by, subject to inspection.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Fireplace No
Exterior
Garage Assigned
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features StreetLights, Sidewalks
Utilities Available SewerConnected, OverheadUtilities
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description Yard
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7254012025
Acceptable Financing Cash, CashtoNewLoan, Submit
Listing Terms Cash, CashtoNewLoan, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Beverly Marks • Prudential California Realty