1208 N Saint Marys Court

Long Beach, CA 90813
Property listed by RE/MAX TerraSol, Erik Kaiser [email protected]
$799,000
Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is currently generating approximately $58,500 in annual gross income, reflecting a current Gross Rent MultiplierRead MoreRead Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
Quadruplex
Lot Size
0.07 Acres
Year Built
1923
MLS Number
OC26095441
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasRange, GasWaterHeater, WaterHeater
Building
Built in 1923, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: Frame, Stucco
Community
Sidewalks
Cooling
None
Accessibility Features
None
Expenses
Electric: $3,000, Insurance: $1,500, Operating: $8,600, Trash: $1,100, Water/Sewer: $3,100
Fireplaces
None
Floors
Laminate
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $40,000, Gross ScheduledIncome: $58,500, Net Operating Income: $40,000
Laundry
Outside
Lot
0.0744 acres, CornerLot
Parking
Concrete
Pool
None
Roof
Flat
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7274001033, Tax Block: 4, Lot: 24
Tenant Pays
None
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, Standard
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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.