$1,109,000
$1,125,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
516 W 10th ST Long Beach, CA 90813
4,791 Sqft Lot
Key Details
Sold Price $1,109,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Willmore District (Wm)
MLS Listing ID SB21215143
Sold Date 12/22/21
HOA Y/N No
Year Built 1921
Lot Size 4,791 Sqft
Property Description
Bread and Butter 4 unit in Willmore with (2) 2-beds upstairs and (2) 1-beds down. Laundry hook-ups in units. Separately metered for gas and electric. All Long term tenants with approximately 20% upside in rents. 15.6GRM and 3.6% cap at purchase and 13.2GRM and 4.5% Cap at Market Rents.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD10
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Pool None
Community Features Urban, Park
Private Pool No
Building
Lot Description Near Park
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7272009008
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Josh Ess • Buckingham Investments, Inc