3622 E 11thLong Beach, CA 90804

Description

Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.

Property Information

Property type

Residential Income

Sub-type

Apartment

Style

Traditional

Year built

1950

Stories

2

Building area

3,800 Sq Ft

Lot size

0.14 acres

Garage spaces

1

Parking spaces

5

Days on market

22

MLS^® Listing#

SB26196309

Property Features

Interior

Open Floorplan

Appliances

Gas Range

Cooling

None

Heating

Wall Furnace

Flooring

Laminate · Tile

Fireplace

None

Pool

None

Parking

Garage

Laundry

Common Area · Inside

Fencing

Wood

Lot features

Rectangular Lot

Construction

Stucco

Foundation

Slab

Roof

Composition · Flat

Community

Suburban

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

7254012019

Directions

South of Anaheim, East of Redondo