$1,075,000
$1,375,000
21.8%For more information regarding the value of a property, please contact us for a free consultation.
734 N Loma Vista DR Long Beach, CA 90813
5,618 SqFt
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,618 sqft
Price per Sqft $191
Subdivision Willmore District (Wm)
MLS Listing ID PW22143840
Sold Date 08/31/22
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1912
Lot Size 8,067 Sqft
Acres 0.1852
Property Description
Great income property opportunity in up-and-coming Drake Park Historic District. 100% rented so perfect for investor looking for cash flow. Two separate buildings on an 8068 square foot rectangular lot. Front building is a Craftsman bungalow style side-by-side duplex consisting of two 2 bedroom, 1.5 bath units approximately 1275 sq ft each with their own laundry hook-ups. Separate rear building was constructed in 1963 and is three 2 bedroom units approximately 1000 sq feet each. Great location in quaint walkable neighborhood just minutes from the Pike, Harbor, Downtown eateries and entertainment, beach bike and walking paths. Close to freeways, public transportation, schools, parks and shopping. Property sold as-is. Vacant lot next door, 8130 square ft and zoned R2 is also for sale and would offer a great development opportunity for builder/contractor.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD10
Rooms
Ensuite Laundry Inside, See Remarks
Interior
Laundry Location Inside,See Remarks
Heating Wall Furnace
Fireplace No
Laundry Inside, See Remarks
Exterior
Pool None
Community Features Urban, Park
Total Parking Spaces 3
Private Pool No
Building
Lot Description Near Park, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 7271023009
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Cody Charnell • Buckingham Investments
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442