Great investment opportunity in the popular Long Beach Bixby Knolls / California Heights neighborhood. This fourplex offers 4 - 2 bed / 1 bath units with approximately 840 square feet of living space in each unit. Also each unit has its own uncovered designated parking space. All units were completely remodeled in 2006. Open floor plan , New drywall, new kitchens, new bathrooms, new bedrooms, new carpet, new tile, new paint interior and exterior, new roof, new main sewer line installed, one unit has granite countertops, three units have laminate flooring. Close to schools, freeways and LB Airport.
Property Sub Type:
Quadruplex
Property Attached:
No
Lot Area:
4,115 sq. ft.382 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1953
(Age: 72)
General Listing Location:
Long Beach, 6 - Bixby, Bixby Knolls, Los Cerritos
County Or Parish:
Los Angeles
Tenant Pays:
Cable TV, Electricity, Gas
Common Interest:
None
Gross Income:
$94,200
Gross Scheduled Income:
$94,200
Net Operating Income:
$91,728
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Gardener expense:
720.0
Insurance Expense:
$0
Operating Expense:
$2,472
Trash Expense:
$0
Water and Sewer Expense:
$1,680
Tax Lot:
6
Corner of Falcon and Wardlow. West of Cherry. East of Orange
Features Excluded:
Tenant personal property, tenants own all appliances in each unit.
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
4
Lease Term:
Month To Month
Community Features:
Curbs, Sidewalks
Senior Community:
No
Laundry Features:
None
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Corner Lot
Fireplace Features:
None
Subdivision Name:
California Heights (CH)
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
1
New Constr.:
No
Common Walls:
No Common Walls
# Units:
4
Heating:
Floor Furnace, Wall Furnace
Fireplace:
No
Cooling:
None
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected