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Key Details
Sold Price $910,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bixby Knolls (Bk)
MLS Listing ID PW23091917
Sold Date 10/26/23
HOA Y/N No
Year Built 1977
Lot Size 5,222 Sqft
Property Description
What a cozy duplex in Long Beach! Both units are exquisitely remodeled and identical to each other. This property is ideal for an owner-user looking to live in and rent out the other (actual rent $2,400). With the total current rent of $4,700 per month or well above 4% cap rate, it is also an excellent fit for a value-add investor. Each unit has 2/1.5, laundry hookup and their own private outdoor space for tenants’ use. Ample 6 parking spaces with (3) one-car garages and plenty of off-street parking. This duplex home is undemanding to maintain and conveniently located with very easy access to 710, 405 and 91. Quiet neighborhood and walk to LA River Trail and bike path. Must see for anyone interested in the thriving city of Long Beach real estate. Drive by only. Please do not disturb the long term tenants. For the owner-user buyer, the back unit will be delivered free to move in before closing.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR1N
Rooms
Other Rooms Second Garage
Interior
Interior Features Balcony, Ceiling Fan(s), Stone Counters, All Bedrooms Up, Walk-In Closet(s)
Heating Ductless, Wall Furnace
Cooling Ductless, Wall/Window Unit(s)
Flooring Carpet, Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Gas Water Heater
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Assigned, Driveway Up Slope From Street, Garage Faces Front
Garage Spaces 3.0
Garage Description 3.0
Fence Average Condition
Pool None
Community Features Suburban, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Shingle
Accessibility Safe Emergency Egress from Home, Accessible Doors
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Garden, Lawn, Level, Rectangular Lot
Story 2
Entry Level Two
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
Additional Building Second Garage
New Construction No
Others
Senior Community No
Tax ID 7132013017
Security Features Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with kitty Callahan • eXp Realty of California Inc
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