$1,235,000
$1,299,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
1116 E 16th ST Long Beach, CA 90813
6,725 Sqft Lot
Key Details
Sold Price $1,235,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID WS22182162
Sold Date 11/07/23
HOA Y/N No
Year Built 1910
Lot Size 6,725 Sqft
Property Description
High cash flow and easy to manage. Ideal investment property. Long term tenants. Full rent collection throughout the pandemic. The stability every investor is looking for. The subject property has a 3 bedroom/2 bathrooms detached home in the front. Rear building has one 4 bedrooms/ 2 bathrooms at the lower level and two 1 bedroom/1 bathroom units at upper level. On site parking spaces. Property sold as is. Buyer to verify all information, not limited to unit counts and unit size and total sf. Interior viewing subject to accepted offer.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR34
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Assigned
Fence Wood, Wrought Iron
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N No
View None
Roof Type Asbestos Shingle,Composition,Flat
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7268022033
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with HERBERT HWANG • ILLUMINANT PROPERTIES