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$ 1,990,000
Est. payment /mo
New
3025 E Theresa Long Beach, CA 90814
9 Beds
6,501 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID OC25256259
Bedrooms 9
Lot Size 6,501 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Fourplex Investment Opportunity in the Heart of the City- Discover this exceptional four-unit multifamily property perfectly situated in a desirable and quiet residential neighborhood with strong rental demand. This 4170 sq.ft. building sits on a 7501 sq.ft. lot and features spacious (1) 3bedroom, 2 bathrooms, (3) 2bedroom, two-baths units, each individually metered for gas and electricity-offering convenience and efficiency for both tenants and owners. Priced at a competitive $477 per rentable square foot, this property presents and excellent value-add investment with upside potential in rental income. Recent improvements new roof and garage doors, adding long-term durability and reduced maintenance costs. With its central location, solid fundamentals, and room for income growth, this fourplex is a great opportunity for investors seeing stability and future appreciation in a thriving rental market.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Redondo Ave/7th Street
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7258030017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Gilda Minaie Associated Realtors