1365 Newport Avenue, Long Beach, CA 90804

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Sold Price
$3,200,000
List Price
$3,240,000
Closing Date
Jul 22, 2024
Status
CLOSED
MLS#
PW24017480
Year Built
1987
Lot Size
5,991
Acres
0.14
Lot Location
6-10 Units/Acre
Days on Market
104
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels
Neighborhood
Eastside (Es)

Property Description

PRIME EAST SIDE LOCATION!! FIRST TIME ON THE MARKET IN 26 YEARS! PRIDE OF OWNERSHIP BUILDING GATED FULLY SECURED 80'S CONSTRUCTION BUILDING! MAJORITY OF THE UNITS HAVE BEEN UPGRADED AND FULLY REHABBED WITH NEW KITCHENS INCLUDING APPLIANCES, BATHROOMS, HARDWOOD FLOORS THROUGHOUT AND TILE IN BATHROOMS. GROUND FLOOR GATED COVERED PARKING LOT. ONSITE LAUNDRY ROOM WITH MACHINES OWNED BY SELLERS NOT LEASED EQUIPMENT WHICH BRINGS IN ADDITIONAL MONTHLY INCOME! UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. TENANT PAYS UTILITIES. OWNER PAYS WATER. CLOSE DISTANCE TO CSULB, 2ND STREET, SHOPPING AND MORE!

Additional Information

Appliances
Dishwasher, Gas Range, Microwave, Refrigerator
Pool Description
None
Heat
Wall Furnace
View
None
Garage Spaces Total
14
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$220,540
Operating Expense
71213

Listing courtesy of Listing Agent: Kristina Moore (kristinamooreproperties@gmail.com) from Listing Office: The Moore Group.

Listing sold by Kristina Moore from The Moore Group

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Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.