






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