Long Beach, CA 90806,1017 E Rhea ST
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Long Beach, CA 90806,1017 E Rhea ST
Long Beach, CA 90806,1017 E Rhea ST
Long Beach, CA 90806,1017 E Rhea ST
Long Beach, CA 90806,1017 E Rhea ST

$825,000

Est. payment /mo
Est.Price: ?

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1017 E Rhea ST Long Beach, CA 90806

6,015 Sqft Lot

SOLD DATE : 02/25/2022

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID PW21231654

Year Built 1953

Lot Size 6,015 Sqft

Property Description

Back on the Market. Buyer did not perform. This triplex consists of a front house with 3 bedrooms, 2 bathrooms, a detached 2-car garage, and a separate building with two one bed, one bath units in the back. Two-car garage could be a possible ADU (buyer to do their own due diligence on the possibility of ADU). The front house bathrooms and kitchen were recently upgraded. Each unit enjoys a private yard and their own private access. The kitchen of 1021 was also upgraded about 2 years ago. The roof was redone in 2011 with 30 year shingles. All tenants are long term, are current on rent, and have never missed rent or paid late. A long driveway provides additional parking for several cars. Close to schools including LBCC, restaurants, transportation, and major employers. Great opportunity for an investor to add to their portfolio with a solid investment, or for a buyer that would like to live in one unit and use the rental income to help with the mortgage.

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR1N

Interior

Heating Wall Furnace

Cooling None

Flooring Tile

Fireplaces Type None

Laundry See Remarks

Exterior

Parking Features Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Fair Condition

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Mixed

Building

Lot Description 2-5 Units/Acre

Story 1

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gustavo Arias • First Team Real Estate
Bought with Saleha Hoque • Corcoran Global Living

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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