$890,000
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1635 E 53rd ST Long Beach, CA 90805
1,752 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,752 sqft
Price per Sqft $513
Subdivision Cherry Manor (Cm)
MLS Listing ID PW21269826
Year Built 1941
Lot Size 6,608 Sqft
Property Description
A Great Investment Opportunity. This Well Maintain Triplex has Three Tudor style Buildings on a Lot Located in a Quiet Neighborhood . Low operating expances with upside in rents and long term tenants. No vacancy rate! Low utility bill on average of $68/ month. Front Home Features 1 Bedroom, 1 Bath and has been Beautifully Upgraded , Washer & Dryer hook ups, Includes 2 Driveway Parking spaces, Front Yard and Beautiful front porch. All Three Units are 1 Bedroom, 1 Bathroom with washer and dryer hook ups , upgrated in 2017, Separately Metered for Electrical and Gas, coper plumbing and new wirering. Backyard and Side-yard for the Rear Units . Middle unit has 1 car garage. Rear unit has 1 car garage plus 1 parking space, currently used as outdoor entertaining space. Minutes to Downtown Long Beach, Local Beaches, Close to all Major Freeways the 405, 91, and 710 , Location near Schools, Parks, Bixby Knolls, Restaurants, Medical Facilities, Shopping, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. The triplex was built in 1941 and consists of 1,752 SF of living space situated on a 6,610 SF lot . Potencial of increasing income with an ADU! One of the strongest rental markets in California - this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low and increase a unit portfolio.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR1N
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Wall Furnace
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Building
Lot Description Item25UnitsAcre
Story 1
Foundation Raised, Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Special Listing Condition Standard
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Bought with Gerald Ruiz • Think Boutiq Real Estate