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Active Under Contract
1301 E Market Street Long Beach, CA 90805
$750,000

Property listed by Kohr Group Realty, Sarah Sees. IDX Contact: 562-270-6909

Contact Us to Learn More

  • David Oronoz

    David Oronoz

    Principal | Multifamily Investments

    DRE# 01838862

  • Bobby Aschtiani

    Bobby Aschtiani

    Principal | Multifamily Investments

    DRE# 02048373

  • Chris Pettit

    Chris Pettit

    Founder

    DRE# 01983950

Property Description

Well maintained duplex that is being sold for the first time since 1975. The owner has taken great care of the property, recently painted the outside of the property, upgraded the windows and maintains the roof. Property has long time tenants who will be staying in the property. This is a wonderful opportunity for a first time home buyer to subsidize their mortgage or so a savvy investor.

Property Details & Features

Property Type

  • Duplex

Year Built

  • 1948

Property Access

  • City Street
  • Paved

House

  • 1 total stories
  • Built in 1948
  • Stories: 1
  • 1556 total building sqft
  • No Common Walls
  • Drywall
  • One

Community

  • Storm Drain(s)
  • Street Lights
  • Sidewalks

Cooling

  • No cooling

Disclosures

  • Rent Control

Expenses

  • Insurance Expense: $1,000
  • Maintenance Expense: $700
  • Operating Expense: $3,000

Fence

  • Chain Link

Garage

  • 2 garage spaces

Heating

  • Wall Furnace

Income

  • Gross Income: 0
  • Gross Scheduled Income: 29700
  • Net Operating Income: 26700

Interior Features

  • All Bedrooms Down

Listing

  • Listing ID: PW22165795
  • Property Subtype: Duplex
  • 13 days on market
  • Listed on 2022-07-28
  • Rent controlled

Location

  • County: Los Angeles

Lot

  • 6092 sqft
  • 0.1399 acres
  • Area: 6092
  • Back Yard
  • Front Yard

Parking

  • 2 open parking spaces
  • 4 total parking spaces
  • Driveway

Possession

  • Close Of Escrow

Property

  • Single building
  • 2 units

Roof

  • Composition

Sewer

  • Public Sewer

Taxes

  • New Taxes: $0

Tenant Pays

  • All Utilities

Utilities

  • 2 separate electric meters
  • 2 separate gas meters
  • 2 separate water meters

Windows

  • Double Pane Windows

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