$600,000
$695,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
1604 Magnolia AVE Long Beach, CA 90813
3,428 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,428 sqft
Price per Sqft $175
Subdivision Poly High (Ph)
MLS Listing ID PW15253503
Sold Date 04/08/16
HOA Y/N No
Year Built 1928
Lot Size 3,659 Sqft
Acres 0.084
Property Description
Imagine the possibilities! This multi-unit complex is the perfect investment property. The Spanish style façade with its charming arched entry leads you into a shared courtyard that’s just waiting for your finishing touches. Just picture large terracotta pots brimming with beautiful flowers and wrought iron railings on the stairways. This multi-family unit includes seven studio apartments and a one bedroom unit all of which are currently rented so you will have automatic income.
The price is right, and, with just some minor cosmetic changes, you could own the envy of the neighborhood.
Location
State CA
County Los Angeles
Area 9 - Poly High
Interior
Fireplace No
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Utilities Available SewerConnected
Total Parking Spaces 6
Private Pool No
Building
Lot Description StreetLevel
Water Public
Others
Tax ID 7269038005
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Ray Pashaee • Hamid Pashaee, Broker