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    3025 E 65Th St

    Long Beach, CA 90805
    • $825,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 20-604924
    UPDATED: 25 min ago
    $825,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,920
      SQFT
    • $430
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    School District:

    Description

    This beautiful duplex has a front house #3025, includes 3 bed/2 bath. Its original layout was 960 Sq Ft, with an additional 400 Sq Ft, totaling the unit to 1,360 Sq Ft. The front unit also has an entry from the front garage.The rear house is #3027 includes 2 bed/ 2 bath, who is paying for the electricity that is being used for the laundry in the back The laundry income is around $100/ month. That will bring the total income to around $4,860/Mth; $58,320/Yr. All utilities, laundry room, dining room, kitchen and half bathroom are included downstairs. There are plenty of parking spaces in the front and a carport in the back for three vehicles. This offering represents a strong monthly income opportunity for an investor who is looking for an easy cash flow investment. The land boasts a Walk Score of 71 and is less than .5 mi away. 65th St offers a current CAP rate of 5.41% (Market CAP 5.41%) & a current GRM of 13.28.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T16:43:06.543. 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/107906751
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    3025 E 65Th St Long Beach, CA 90805

    • Price: $825,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 20-604924
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,920
    SQFT
    $430
    $/SQFT
    1978
    Built
    Neighborhood:
    North Long Beach
    County:
    Los Angeles
    Area:
    North Long Beach
    School District:
    Long Beach Unified
    Property Description
    This beautiful duplex has a front house #3025, includes 3 bed/2 bath. Its original layout was 960 Sq Ft, with an additional 400 Sq Ft, totaling the unit to 1,360 Sq Ft. The front unit also has an entry from the front garage.The rear house is #3027 includes 2 bed/ 2 bath, who is paying for the electricity that is being used for the laundry in the back The laundry income is around $100/ month. That will bring the total income to around $4,860/Mth; $58,320/Yr. All utilities, laundry room, dining room, kitchen and half bathroom are included downstairs. There are plenty of parking spaces in the front and a carport in the back for three vehicles. This offering represents a strong monthly income opportunity for an investor who is looking for an easy cash flow investment. The land boasts a Walk Score of 71 and is less than .5 mi away. 65th St offers a current CAP rate of 5.41% (Market CAP 5.41%) & a current GRM of 13.28.
    Exterior Features

    Carport Spaces Total 3 Direction Faces South Entry Location Ground Level - No Steps Exterior Construction ConcreteStucco Levels Two Lot Size Area 4578 Other Structures None Parking Garage Carport AttachedDriveway Patio Features Concrete Slab Pool Description None Pool YN No Roof Composition Spa None Spa YN No Sprinklers None Tennis Court None Tennis YN No Total Parking 6

    Interior Features

    Baths Total 4.00 Bedroom Features All Bedrooms Up Cooling None Equipment DryerWasher Fireplace Rooms None Flooring LaminateTileWood Foundation Details None Heating None Interior Features 2 Staircases Kitchen Features Granite Counters Laundry In Unit Laundry Equipment Lease

    Property Features

    ADACompliance No Amenities None Assessed Total Value 524000 Disability Access None Gross Income 56496 Gross Operating Income 53671 Like Units1 1 Like Units2 1 Monthly Gross Income 4708.00 Net Operating Income 38564.00 Number Of Buildings 2 Number Of Units 2 Property Condition Updated/Remodeled Sale Type Standard Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection System Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 15107 Type Of Units 2 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lbr1n

    Listing provided courtesy of Evelyn Baez Gonzalez DRE#02103055 of Lyon Stahl Investment Real Estate, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T16:43:06.543. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355