$765,000
$750,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
918 Maine AVE Long Beach, CA 90813
3,728 SqFt
Key Details
Sold Price $765,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $205
Subdivision Drake Park (Dp)
MLS Listing ID PW14107182
Sold Date 07/30/14
HOA Y/N No
Year Built 1923
Tax Year 2013
Lot Size 7,535 Sqft
Acres 0.173
Property Description
Well maintained 8 unit courtyard apartment building across the street and view of Drake Park in downtown area. Address #'s on front of building are 918 - 924 Maine St. Separate meters both Gas & Electric. Most kitchens have upgraded cabinets with granite counter tops. Unit mix consists of 6-(1 Br's), 2-(Studios), and 5-(Garages). Rents are below market due to long time, out of area owner and long term tenants. Lower 6 units have separate water shut-offs and sewer clean-outs for ease of maintenance. Some of the non-fixed expenses are estimates. Market rents make this 9.5X's Gross. See attached supplements for unit breakdown, floor plans, and "lead-safe" registry (see page 7) and Clearance Exam.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Flooring Carpet
Fireplace No
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, StreetLights, Sidewalks
Utilities Available SewerConnected
View Y/N Yes
View ParkGreenbelt
Roof Type Composition
Total Parking Spaces 5
Private Pool No
Building
Lot Description Item01UnitAcre
Story Two
Entry Level Two
Water Public
Architectural Style Craftsman
Level or Stories Two
Others
Senior Community No
Tax ID 7271021036
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Joe Lightman • Star Real Estate
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442