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437 Newport AVE Long Beach, CA 90814
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Key Details
Sold Price $1,570,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Park (Bp)
MLS Listing ID SW20201326
Year Built 1971
Annual Tax Amount $5,507
Tax Year 2016
Lot Size 6,969 Sqft
Property Description
Excellent opportunity to own a 4-plex apartment building (statewide) in the heart of Long Beach, CA. Close to Long Beach State University, 10 minutes to the beach, minutes away to the Veteran's hospital, and close to freeways. A great value complex. Unit 1 offers appox 1800 sqft., 3 Bed/2 Bath, fireplace, and 2 car detached garage. Unit 2 offers 1100 sqft., 2 Bed/ 1 Bath, and 1 car detached garage. Unit 3 offers 1395 sqft., 2 Bed/ 1.5 Bath, and 1 car detached garage. Unit 4 offers 1395 sqft., 2 Bed/1.5 Bath, and 1 car detached garage. See current rent schedules. Tenant paid community laundry. Tenant pays own electric and water. Trash and sewer is added onto tenant's rent. All electric units, no gas. Wall heaters, some ceiling fans, and roof Is in good condition. Please follow all guidelines pertaining to COVID-19 regulations.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Interior
Heating Electric, Wall Furnace
Cooling See Remarks
Flooring Carpet, Vinyl
Fireplaces Type See Remarks
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Lighting, Rain Gutters
Garage Assigned, Concrete, Garage, Storage
Garage Spaces 4.0
Garage Description 4.0
Fence Average Condition, Block, Wood
Pool None
Community Features Curbs, Street Lights, Sidewalks, Park
Utilities Available Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View City Lights, Neighborhood
Roof Type Composition,Shingle
Building
Lot Description Corners Marked, Sprinklers In Rear, Sprinklers In Front, Landscaped, Level, Near Park, Near Public Transit, Paved, Sprinklers Timer, Sprinkler System, Street Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Trade
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Trade
Special Listing Condition Standard
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Bought with RHEA BAI • RE/MAX PREMIER/ARCADIA
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