SELLER FINANCING AVAILABLE AT LOWER RATE!! Welcome to this exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus… Read More potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities – schedule your viewing today and seize the opportunity! Read Less
Property listed by RE/MAX MASTERS, MAURICIO SANCHEZ 562-805-7549
Listing Snapshot
Days Online
267
Last Updated
Property Type
Duplex
Lot Size
0.17 Acres
Year Built
1928
MLS Number
IV24073484
30 Days Snapshot Of 90806
$738k
-8%
(avg) sold price
2
-75%
homes sold
178
+119%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1928, Building area total: 1,377, 2 buildings, Common walls: NoCommonWalls
Community
StreetLights, Sidewalks
Expenses
Electric expense: $2,400, Insurance expense: $700, Operating expense: $5,080, Trash expense: $480, Water sewer expense: $1,500
Garage
2 spaces
Income
Gross income: $2,300, Net operating income: $72,920
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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