Long Beach, CA 90813,936 N Washington PL
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Long Beach, CA 90813,936 N Washington PL
Long Beach, CA 90813,936 N Washington PL
Long Beach, CA 90813,936 N Washington PL

$1,525,000

Est. payment /mo

$1,650,000

7.6%
Est.Price: ?

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936 N Washington PL Long Beach, CA 90813

5,662 Sqft Lot

SOLD DATE : 12/22/2020

Key Details

Sold Price $1,525,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID AR20198472

Sold Date 12/22/20

HOA Y/N No

Year Built 1986

Lot Size 5,662 Sqft

Property Description

This newer apartment building of 1986 offers 6 units of 2-bedrooms and 2-bathrooms each with tremendous upside potentials because the current rents are substantially below fair market rents.  Tenants are stable, of which two have stayed for a decade.  With brand new exterior paint, this property features 7 electric meters, and 7 gas meters, plus a lot of recent updates including but not limited to new decking, new flooring, new railings, and new fence. 3 of the 6 units have been updated recently, of which 2 with new granite countertop, and 1 with tiled countertop, new cabinets, new flooring, and new interior paints. Act fast and snap up this centrally located apartment in the rapidly growing city of Long Beach.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Interior

Fireplace No

Laundry None

Exterior

Carport Spaces 8

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7274022002

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kea Luu • Keystar Realty
Bought with Elena Moric • The Realestate Group
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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