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Listing Details

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School Ratings & Info

Description

Investment opportunity in downtown Long Beach. Duplex with 2 separate houses on one lot. Both houses are occupied with long-term tenants. Rent is paid despite COVID. Each house has its own yard maintained by the tenants. Laundry hookups in both houses. Separate Gas and Electric meters for each unit. There is an unpermitted, unused structure with its own entrance behind the second unit. The current owner purchased the property with the unpermitted structure in place. Buyers to verify all the information, including the SqFt of the property. Do not disturb tenants. Number of Furnished Units: 0 Frontage: Open Space

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T20:32:10.51. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/115858765
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811 E 9th Long Beach, CA 90813

  • Price: $645,000 - $685,000
  • Status: Active
  • Updated: 55 min ago
  • ID#: 210008964
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Beds
0
Baths
0
½ Baths
N/A
Acres
1922
Built
Neighborhood:
Downtown
County:
Los Angeles
Property Description
Investment opportunity in downtown Long Beach. Duplex with 2 separate houses on one lot. Both houses are occupied with long-term tenants. Rent is paid despite COVID. Each house has its own yard maintained by the tenants. Laundry hookups in both houses. Separate Gas and Electric meters for each unit. There is an unpermitted, unused structure with its own entrance behind the second unit. The current owner purchased the property with the unpermitted structure in place. Buyers to verify all the information, including the SqFt of the property. Do not disturb tenants. Number of Furnished Units: 0 Frontage: Open Space
Exterior Features

Parking Total 0

Interior Features

Cooling None Cooling YN No Heating NoneSee Remarks Heating YN No

Property Features

Association Fee 0 Cap Rate 0 Gross Scheduled Income 33480 Levels One Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional Net Operating Income 28248 Senior Community YN No Tenant Pays ElectricityGasGrounds CareTrash Collection

Listing provided courtesy of Galina Shekhtman of Compass


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T20:32:10.51. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395