801 Alamitos Avenue

Long Beach, CA 90813
$1,599,000
THIS PROPERTY IS CURRENTLY BEING RENTED AS TRANSITIONAL HOUSING. BUSINESS PLUS REAL ESTATE. HUGE NET INCOME. JUST A 3 MINUTE DRIVE TO THE OCEAN. EACH UNIT IS A 2 BEDROOM 1 BATH WITH ENCLOSED GARAGE. HIGH DEMAND FOR THIS TYPE OF PROPERTY, ALWAYS RENTED. THE OWNER JUST INSTALLED 2 TANKLESS… Read MoreRead Less
Property listed by Peggy French, Broker, Peggy French 310-259-7556
Listing Snapshot
Days Online
12
Last Updated
Property Type
Apartment
Lot Size
0.11 Acres
Year Built
1923
MLS Number
PW26197901
Property Location Map
Additional Details
Appliances & Equipment
FreeStandingRange, GasRange, Refrigerator, WaterHeater
Building
Built in 1923, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: GROUND LEVEL W/STAIRS
Community
Curbs, Gutters, StreetLights, Sidewalks
Cooling
None
Accessibility Features
Parking
Expenses
Insurance: $3,900, Operating: $30,000, Water/Sewer: $3,800, Other Expense: $3,800
Fence
Block, FairCondition
Fireplaces
None
Floors
Tile
Foundation
Raised
Garage
4 spaces
Heating
NaturalGas, WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $144,000, Gross ScheduledIncome: $144,000, Net Operating Income: $114,000
Interior Features
Furnished, BedroomOnMainLevel
Laundry
None
Lot
0.1149 acres, IrregularLot, Level, NearPublicTransit, Paved, StreetLevel
Parking
4 open parking spaces, 8 total parking spaces, DrivewayLevel, DoorSingle, Driveway, Garage, OffStreet, Paved
Pool
None
Roof
Composition
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer, SewerTapPaid
Taxes
Additional parcels description:, Parcel Number: 7274024012, Lot: 21, Zoning: LBR4N
Tenant Pays
None
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, ElectricityOnProperty, Standard, 5 separate electric meters, 3 separate gas meters
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Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.