4308 4th Street, Long Beach, CA 90814
  • MLS#: 25497543 ( )
  • Street Address: 4308 4th Street
  • Viewed: 19
  • Price: $2,349,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 0
  • Days On Market: 73
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90814
  • Provided by: The Agency
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights heavily remodeled in 2019 over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in place rents. Excellent unit mix for the area with 1 and 2 bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers 5.25% 5 year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
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Features
Building Area Total
  1. 5119.00
Cooling
  1. None
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 135000.00
Parcel Number
  1. 7255036017
Parking Features
  1. Assigned
Sourcesystemkey
  1. 25497543:CLAW
Totalexpenses
  1. 64000.00
Uncovered Spaces
  1. 2.00
Views
  1. 19
Year Built
  1. 1953
Zoning
  1. LBR3T