Address
145 E Canton Street Long Beach, CA
Price
$ 2,450,000
Property Attributes
  • ML#PW20233499
  • TypeContingent
  • CountyLOS ANGELES
  • CityLong Beach
  • Zip90806
  • Style
  • Price$ 2,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8096
  • Lot Size9,121 SqFt
Listing Provided Courtesy Of:
Gary Tolfa with Triqor Group.
Property Description

PROBATE SALE; Pleased to present the opportunity to acquire the Canton Street Property, a 11-unit apartment building located in Long Beach, CA. Built in 1963; the property offers an excellent unit mix of six 1 bedroom units, four 2 bedroom units, and one 3 bedroom unit. The property is well maintained with a laundry facility, and ample parking. The property will be delivered with three vacant units at close which would offer an attractive 5%+ CAP on current numbers with the opportunity to produce over a 6% CAP on Market Rents. There are three units currently vacant. Actual rents are including those units at market rents. Current Income is $10,370.

Price History
11/5/2020 Listed $2,450,000

General Features

Attached Structure Attached
Carport Spaces 4.00
Community Features Suburban
Directions Please Contact Listing Agent For All Directions
Garage Spaces 4.00
Levels Two
Listagentaor Pacific West
Listing Agent Gary Tolfa - BRE#00955403
Listing Agent State License 00955403
MLS Area 699 - Not Defined
Pool Features None
Price Per Square Foot 302.62
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 11
Zoning LBPD29

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 8096.00
Lot Features Landscaped
Lot Size Acres 0.2094
Lot Size Area 9123.0000
Lot Size Source Assessor
Lot Size Square Feet 9123.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 11
Number of Separate Gas Meters 11
Total Parking 8.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90806

Price
AVG $1.03M
$2.45M
Visits
AVG 104
43
Year Built
AVG 1948
1963

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