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Key Details
Sold Price $714,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID PW19172897
Sold Date 02/19/20
HOA Y/N No
Year Built 1921
Lot Size 6,534 Sqft
Property Description
Two houses on a lot with additional (already permitted!) rental space above four garages. Finance as a duplex (less money down!) and use it as two units (a 4/3 and a 2/1) OR for added income, convert the upstairs to one or two Accessory Dwelling Units and have three or four units to rent. Long Beach has become very ADU friendly. Check with the city! Duplexes are on list in 2020 to be approved allow ADUs. The space already set up - including separate entrances and gas, plumbing and electric - just reinstall the kitchen(s)! The front house is a remodeled detached two bedroom one bath with a great layout, separate front yard and a cute side yard. It would be perfect for an owner occupant. The second cottage has two bedrooms and one bathroom downstairs and a staircase in back which leads to two more bedrooms and bathrooms divided by a landing with a separate entrance to the courtyard. There is cute courtyard between the buildings and plenty of room on the lot for gardening, enjoying the outdoors, or for kids to play. Four roomy garages are around back with easy alley access. This is a great property in a fantastic neighborhood to own rentals!
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR2N
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Lawn
Story Two
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7261014011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Steve Nader • Coldwell Banker Coastal Alliance