3622 E 11th
long beach, CA 90804$1,595,000
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Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property.
Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.
Details
3,800 Sq Ft
6,214 Sq Ft Lot Size
apartment
Built in 1950
MLS/Listing ID SB26196309
2 Stories
6 Units
Amenities & Features
Wood
Laminate
Tile
Slab
Heating - Wall Furnace
Public Water
Public Sewer
Flat
Construction - Stucco
Community - Suburban
Style - Traditional
Gas Range
Composition
Parking - Garage
Lot - Rectangular Lot
Inside
Common Area
Open Floor Plan
Estimate my mortgage
TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
HOME PRICE
DOWN PAYMENT
TERM
INTEREST
Based on information from California Regional Multiple Listing Service, Inc. 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.