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3041 E 5th Street

Long Beach, CA 90814
  • $1,500,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: PW22166415
UPDATED: 59 min ago
$1,500,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Other (Othr)
Type:
Multi-Family
Built:
1927
County:
Los Angeles
Area:
3 - Eastside, Circle Area

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Listing Agent(s): Juan Huizar of Sage Real Estate (562-400-7622) and Caleb Baldwin of Sage Real Estate(562-400-7622)


Description

The possibilities are endless with this charming Craftsman located in Rose Park South. The property is comprised of 4 units total, with the front house featuring traditional Craftsman architecture with 2 bedrooms with an office and 1 bath, dedicated front yard. Traveling down the long driveway you will find 3 units in the rear, with each unit consisting of 1 bedroom and 1 bath. The tenants will not have to search for parking, as the property contains two 1-car garages, as well as 6 parking spaces located between the two buildings. Due to its location, the property offers a tremendous lifestyle being just a 1/4 of mile to Retro Row and 1 mile to the water. As an added bonus, one unit is vacant for you to set the new rent!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T15:37:07.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/131498309
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3041 E 5th Street Long Beach, CA 90814

  • Price: $1,500,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 59 min ago
  • ID#: PW22166415
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1927
Built
Neighborhood:
Other (Othr)
County:
Los Angeles
Area:
3 - Eastside, Circle Area
Property Description
The possibilities are endless with this charming Craftsman located in Rose Park South. The property is comprised of 4 units total, with the front house featuring traditional Craftsman architecture with 2 bedrooms with an office and 1 bath, dedicated front yard. Traveling down the long driveway you will find 3 units in the rear, with each unit consisting of 1 bedroom and 1 bath. The tenants will not have to search for parking, as the property contains two 1-car garages, as well as 6 parking spaces located between the two buildings. Due to its location, the property offers a tremendous lifestyle being just a 1/4 of mile to Retro Row and 1 mile to the water. As an added bonus, one unit is vacant for you to set the new rent!
Exterior Features

Architectural Style Craftsman Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Features DrivewayGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Maintained Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DryerWasher Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Garage YN Yes Gross Income 81300 Gross Scheduled Income 81300 Insurance Expense 950 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms ConventionalContractFhaFannie MaeSubmit Maintenance Expense 2400 Net Operating Income 56700 New Construction YN No New Taxes Expense 18750 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 24390 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 6750 Trash Expense 0 Water Sewer Expense 2400 Water Source Public Zoning Lbr2n



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T15:37:07.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Juan Huizar of Sage Real Estate (562-400-7622) and Caleb Baldwin of Sage Real Estate(562-400-7622)