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Key Details
Sold Price $2,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,246 sqft
Price per Sqft $482
MLS Listing ID 23293815
Sold Date 10/30/23
Bedrooms 9
HOA Y/N No
Year Built 1977
Lot Size 5,566 Sqft
Property Description
Incredible opportunity to own a 4-unit residential property in the prestigious Belmont Heights neighborhood. There are 4 separate electric meters on the subject property - one for each unit. There are only 2 gas meters on the property. The House Meter (Meter No. 0275092236), provides gas to Units A, C, and D, the central water heater, and the common laundry. Landlord pays for the house meter, along with water, sewer, and trash service for the property. Second gas meter (Meter No. 0275092235) services only Unit B, and the tenant in Unit B is responsible for paying for their own gas service. Unit A, B, and C have gas powered Stoves. Unit D has an electric stove. Unit B is now vacant and will be delivered vacant at close of escrow. Photos of the units on MLS are from 2021 & 2022 before they were rented. Minutes away from Woodrow Wilson High School, Blair Field, Recreation Area, California State University, Long Beach City Beach, Colorado Lagoon, schools, shopping centers, restaurants, and transportation links. The property is under rent control subject to California Assembly Bill 1482. Property is being sold AS IS and WHERE IS with current the 3 tenant(s) in place. Buyer to conduct their own investigations.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR1N
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Fireplace(s), Wall Furnace
Flooring Carpet, Tile, Vinyl, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Microwave, Range, Refrigerator, Range Hood
Exterior
Garage Covered
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N Yes
Roof Type Shingle
Parking Type Covered
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn, Rectangular Lot
Faces East
Entry Level One
Sewer Other
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7255028027
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Okechukwu Chinke • Citywide Mortgage & Realty