Long Beach, CA 90813,1228 N Loma Vista DR

$750,000

Est. payment /mo

$799,000

6.1%
Est.Price: ?

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1228 N Loma Vista DR Long Beach, CA 90813

SOLD DATE : 09/21/2018

Key Details

Sold Price $750,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Drake Park (Dp)

MLS Listing ID TR18141303

Sold Date 09/21/18

HOA Y/N No

Year Built 1913

Property Description

*PROBATE SALE* Great 4-units investment opportunity in the historical Drake Park/Willmore District of Long Beach! This sale is including the APN 7272-004-037 located at the rear of the subject property, which is the vacant land alley way easement that is utilized by the two neighboring units for access to their own individual properties. Perfect for investor owned or a great opportunity to live in one and rent out the others! Do not let this chance slip away! This property consists of 2 separate buildings - the first building in the front is a free-standing two-story single house with 4 bedrooms and 2 bathrooms (address 1166 Magnolia Ave). The second building consists of multiple studio-type units with individual kitchens for each unit. The property needs TLC. Individual electrical meters for each unit. Excellent potential property and substantial upside in rents being increased. Property is located near the 710 freeway, beach, shopping centers, Aquarium of the Pacific, Long Beach convention center and other entertainment!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Rooms

Ensuite Laundry None, See Remarks

Interior

Interior Features Unfurnished

Laundry Location None,See Remarks

Heating Wall Furnace

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Water Heater

Laundry None, See Remarks

Exterior

Garage Garage, On Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks, Park

Parking Type Garage, On Street

Total Parking Spaces 2

Private Pool No

Building

Lot Description Level, Near Park

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7272004003

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Probate Listing

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California Regional MLS (CRMLS)
Listed by Helen Wong • Imax Realty & Mortgage Inc.
Bought with Rana Thomas • Diamond Real Estate 1

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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