Incredible opportunity to own a 4-unit residential property in the prestigious Belmont Heights neighborhood. There are 4 separate electric meters on the subject property - one for each unit. There are only 2 gas meters on the property. The House Meter (Meter No. 0275092236), provides gas to Units A, C, and D, the central water heater, and the common laundry. Landlord pays for the house meter, along with water, sewer, and trash service for the property. Second gas meter (Meter No. 0275092235) services only Unit B, and the tenant in Unit B is responsible for paying for their own gas service. Unit A, B, and C have gas powered Stoves. Unit D has an electric stove. Unit B is now vacant and will be delivered vacant at close of escrow. Photos of the units on MLS are from 2021 & 2022 before they were rented. Minutes away from Woodrow Wilson High School, Blair Field, Recreation Area, California State University, Long Beach City Beach, Colorado Lagoon, schools, shopping centers, restaurants, and transportation links. The property is under rent control subject to California Assembly Bill 1482. Property is being sold AS IS and WHERE IS with current the 3 tenant(s) in place. Buyer to conduct their own investigations.
4,246 Sq Ft
5,569 Sq Ft Exterior Space
Investment
Built in 1977
MLS/Listing ID 23-293815
1 Stories
4 Units
Living Room Fireplace
Cooling - Ceiling Fans
Construction - Concrete
Construction - Stucco
Construction - Wood Siding
Natural Wood
Vinyl
Tile
Carpet
Recessed Lighting
Lot - Rectangular Lot
Lot - Lawn
Parking - Covered
Shingle
Refrigerator
Range Hood
Range
Microwave
Dishwasher
Style - Traditional
Listing Courtesy of INGENIOUS ASSET GROUP, INC., VINEENDRA JAIN - 310-207-2288
Source of Data: THE MLS