486 E Adair

Long Beach, CA 90805
Property listed by Villa Real Estate Partners Inc, Nhat Nguyen 714-467-8542
$1,598,000
(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1.Read MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Triplex
Lot Size
0.14 Acres
Year Built
1939
MLS Number
PW26096551
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, GasRange
Building
Built in 1939, 3 buildings, Building faces North, 2 stories, Levels: One, MultiSplit, Entry level: 1, Entry location: 1, Construction Materials: Asphalt, LapSiding
Community
Stables, Sidewalks
Cooling
None
Expenses
Insurance: $2,600, Operating: $300
Fireplaces
None
Floors
Laminate
Foundation
ConcretePerimeter
Heating
Electric
Home Owner's Association
Association Fee: $0
Income
Gross Income: $8,900, Gross ScheduledIncome: $8,900, Net Operating Income: $300
Interior Features
CeilingFans
Laundry
CommonArea
Lot
0.1398 acres, CornerLot
Parking
None
Pool
None
Property
Turnkey
Roof
Asphalt
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7125015029, Tax Block: 6, Lot: 46
Tenant Pays
AllUtilities, Electricity, Gas
Utilities
ElectricityAvailable, NaturalGasAvailable, Water Source: Public, 4 separate electric meters, 4 separate gas meters, 4 separate water meters
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Laura Grabher
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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.