Long Beach, CA 90813,1141 Pine AVE
$1,310,000
$1,325,000
1.1%
Est.Price: ?

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6,011 Sqft Lot

1141 Pine AVE Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 11/26/2014

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Key Details

Sold Price $1,310,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID SB14137277

Sold Date 11/26/14

HOA Y/N No

Year Built 1922

Tax Year 2013

Lot Size 6,011 Sqft

Property Description

This 15 Unit mixed use investment property consists of 13 residential units and 2 commercial units. The building is separately metered for gas and electric, has approximately 8,424 rentable Sq. Ft. and situated on a 6,002 Sq. Ft. Lot. This property is located in the great rental market of Long Beach and provides a significant cash-on-cash return from day 1! This deal also has great assumable financing at 3.5% fixed through July of 2018 (assumption is not required to purchase the property). This opportunity will not last long!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 11-15 Units/Acre

Sewer Unknown

Water Public

Others

Tax ID 7273005008

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett Lyon • Keller Williams Beach Cities
Bought with Brett Lyon • Keller Williams Beach Cities

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Chad Nason

Agent | License ID: 02009648

+1(562) 972-3274

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