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    1412 E South St

    Long Beach, CA 90805
    • $1,650,000
    • STATUS: Active
    • ON SITE: 126 days
    • ID#: 20-588938
    UPDATED: 47 min ago
    $1,650,000
    • 10
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,041
      SQFT
    • $327
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    1412 E South Street presents an opportunity for a purchaser to be only the third-every owner of a value-add, trophy asset located in North Long Beach. 7 Units - Built In 1986 - (3) 2+2s / (4) 1+1's - 5,041 Gross Square Feet - Individually Metered For Electricity & Gas - Garages & 8 Covered Carports - Community Laundry & Gas Dryer On-Site - Copper Plumbing (Buyer to Verify) - Gated Access to Property & Parking Lot - 8,560 SF Lot - LBRCNR Zoning (R3 Permitting - Buyer to Verify) - Amenities Including Patios & Fireplaces.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-22T16:42:54.803. 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.
    www.randyplaice.com/homes/106928364
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    1412 E South St Long Beach, CA 90805

    • Price: $1,650,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 20-588938
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    5,041
    SQFT
    $327
    $/SQFT
    1986
    Built
    Neighborhood:
    North Long Beach
    County:
    Los Angeles
    Area:
    North Long Beach
    Property Description
    1412 E South Street presents an opportunity for a purchaser to be only the third-every owner of a value-add, trophy asset located in North Long Beach. 7 Units - Built In 1986 - (3) 2+2s / (4) 1+1's - 5,041 Gross Square Feet - Individually Metered For Electricity & Gas - Garages & 8 Covered Carports - Community Laundry & Gas Dryer On-Site - Copper Plumbing (Buyer to Verify) - Gated Access to Property & Parking Lot - 8,560 SF Lot - LBRCNR Zoning (R3 Permitting - Buyer to Verify) - Amenities Including Patios & Fireplaces.
    Exterior Features

    Carport Spaces Total 8 Covered Parking 11 Direction Faces North Levels Mid Level Lot Size Area 8561 Other Structures Other Parking Garage CarportAssignedCovered ParkingGatedGarage - 1 CarGarage Total Parking 11

    Interior Features

    Baths Total 10.00 Common Walls Attached Cooling Wall/Window Equipment WasherDryerIce MakerRefrigeratorRange/Oven Fireplace Rooms Den Heating WallFireplace Laundry Community Laundry Equipment Own Water Heater Features Water Heater Unit

    Property Features

    Assessed Total Value 1004544 Gross Income 102600 Gross Operating Income 99522 Like Units1 1 Like Units2 1 Like Units3 2 Like Units4 2 Like Units5 1 Net Operating Income 68378.00 Number Of Buildings 1 Number Of Units 7 Owner Pays WaterGardener Sale Type Standard Security Features Firewall(S)Smoke DetectorWindow BarsGated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGas Total Annual Expense 31144 Type Of Units Standard Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lbcnr

    Listing provided courtesy of David Harrington DRE#01320460 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-22T16:42:54.803. 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.
     
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