$790,000
$798,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
2142 Earl AVE Long Beach, CA 90806
2,144 SqFt
Key Details
Sold Price $790,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,144 sqft
Price per Sqft $368
Subdivision Wrigley Area (Wr)
MLS Listing ID PW23093924
Sold Date 08/09/23
HOA Y/N No
Year Built 1937
Lot Size 6,259 Sqft
Acres 0.1437
Property Description
Price Reduced $52,000!Charming Spanish Style Duplex in Wrigley Neighborhood. The property features two identical spacious 2bd/1bth units, over 1,000 SF each, on a large 6,260 SF lot with large shared backyard, and double car garage divided into 2 single cars with storage. The units feature beautiful hardwood floors, large living room, formal dining room, spacious bathroom and large bedrooms. Tenants pay most of their own utilities - electricity, gas and trash, Owner pays for the water. Lots of upside potential as rents are below market, and there is the opportunity to convert the garages to an ADU unit, potentially further increasing the rental income and property value. Both tenants eligible for max rent increase allowable under AB1482 9/1/2023. This is an amazing investment opportunity for any investor or owner occupant buyer.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBR2N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Parking Type Assigned
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7208025013
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Financing FHA
Special Listing Condition Standard
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Bought with Leslie Teater • eXp Realty of Greater Los Angeles, Inc.
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442