Sold
4005 E Vernon Street
Long Beach CA, 90815
$1,675,000
$663.10 per sqft
Sold
2,526 sqft
Multi-family
Built in 1944
Listed by Eugene Rogachevsky with Broadmoor Realty, Inc. 562-596-1000
Welcome to this incredible investment opportunity in the heart of Long Beach. Located in a quiet residential neighborhood, this 4-unit property has been extensively remodeled to provide a complete turnkey investment. The front building (1536 sf), originally built in 1944 and completely remodeled in 2021, consists of two 2-bedroom, 1-bath units and the back building (990 sf, remodeled/converted in 2022) consists of one 1-bedroom, 1-bath unit (converted rumpus room) and one studio (ADU-converted garage). Each unit features shaker cabinets with soft-close drawers, quartz countertops, waterproof LVP flooring, stainless-steel appliances, multi-zoned mini-splits for air/heat, stackable in-unit laundry, new windows, new roof on back building, new gutters, tankless water heaters (servicing back building), recessed lighting, ceiling fans, new plumbing, new electrical wiring and panels, private entrances, and dedicated off-street parking space. Additionally, the front duplex has had voluntary seismic retrofit work completed in March. Each unit has their own address and is separately metered for water, gas and electricity. The property has been landscaped with artificial turf and rock minimizing any landscaping maintenance and water usage. There are security cameras (no monthly fee) installed around the perimeter of the property as well. Tenants pay all utilities (water, gas, electric) as well as sewer and trash. Owner responsible for property taxes, insurance and pest control. The property has easy access to the 405 FWY and is close proximity to the Traffic Circle shops and restaurants, Costco, Target, Home Depot, Lowes, Starbucks, CSULB, LBX and The Hangar, and much more.
PW22229836
MLSⓇ ID
October 26, 2022
Listed
March 23, 2024
Updated
Map
4005 E Vernon Street
Long Beach CA, 90815
Interior Features
Interior Features
All Bedrooms Down
Appliances
Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Tankless Water Heater, Water Heater, Dryer, Washer
Laundry Description
Inside, Stacked
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Ductless, Zoned
Heating
Yes
Heating Description
Ductless, Zoned
Exterior/Building Features
Lot Size
0.18 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
35 - Artcraft Manor
Days on Market
206
Garage
No
Parking
Assigned, Off Street, Paved, One Space
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing Contact: 562-596-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:23 AM UTC