$1,199,000
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4241 E Jacinto WAY Long Beach, CA 90815
2,553 SqFt
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,553 sqft
Price per Sqft $499
Subdivision Circle (Ca)
MLS Listing ID PW22214140
Year Built 1943
Lot Size 0.282 Acres
Property Description
A great 4-unit building, located in a great area of Long Beach, and smooth running property. What more could you ask for? The property consists of
4 one-bedroom units that are single-story. All units have a front and back door, with the ability to create a private backyard/patio for each if the
property owner desired. There are also 4 single car garages, which the current owner uses all of them for storage, and 3 additional uncovered
parking spots that could be rented out for additional income. . Individually metered for gas and electricity that tenants are responsible to pay.
The property was just recently painted throughout the exterior and has an amazing sense of curb appeal. The current GRM is 16.03, but at market rents, the property drops to 13.01 GRM. With over a 1/4 acre lot and endless opportunity, this property is ready for the next investor to add their touch to it
and take it to the next level!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR3T
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Building
Lot Description Back Yard
Story 1
Sewer Unknown
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Spencer Pabst • Pabst, Kinney & Associates