Listed by Dustin Edwards, Beach Cities Management, Inc.,

4241 E Jacinto Way

Long Beach, CA, 90815

$1,275,000

$499 per ft²
$1,275,000
$499 per ft²
Sold
Sold
carpenters-square
2,553 ft²
property_type
Multi-family
calendar
Built 1943
A great 4-unit building, located in a great area of Long Beach, and smooth running property. What more could you ask for? The property consists of 4 one-bedroom units that are single-story. All units have a front and back door, with the ability to create a private backyard/patio for each if the property owner desired. There are also 4 single car garages, which the current owner uses all of them for storage, and 3 additional uncovered parking spots that could be rented out for additional income. . Individually metered for gas and electricity that tenants are responsible to pay. The property was just recently painted throughout the exterior and has an amazing sense of curb appeal. The current GRM is 16.03, but at market rents, the property drops to 13.01 GRM. With over a 1/4 acre lot and endless opportunity, this property is ready for the next investor to add their touch to it and take it to the next level!
MLS® ID:
PW22214140
Listed:
10/2/22
Updated:
12/3/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None

Exterior/Building Features

Lot Size
0.28 acres lot
Lot Details
Back Yard
Sewer
Unknown

Other Property Details

Area Name
3 - Eastside, Circle Area
Association Amenities
Sidewalks
Garage
Yes
Garage Spaces
4
Parking
Y
Parking Total
7.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
1
Zoning
LBR3T

Property History

Date
Event
Price
Value
11/9/22
Sold
-
-
11/9/22
Price Change
$1,275,000
106%
10/8/22
Pending
-
-

Courtesy of Beach Cities Management, Inc., Dustin Edwards,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 12/3/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:36 AM UTC, 12/3/22

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