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2030 Lemon Avenue

Long Beach, CA 90806
  • $1,195,000
  • STATUS: CONTINGENT
  • ON SITE: 166 Days
  • ID#: OC22170923
Under Contract
UPDATED: 20 min ago
$1,195,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Price Improved!! Fully leased 4 unit multi-family property located in a residential neighborhood in Long Beach. Easy access to major streets and Freeway, conveniently located for employment center, shopping centers, restaurants, schools, college and most amenities. The property consists of 2 buildings. 1 building for 3-bedroom 2 bathroom unit has been newly remodeled with laminate wood floors. Another building for 3 units for 2 bedroom 1 bathroom unit, 1 bedroom 1 bath units x 2. Perfect unit mix for all types of tenants. 4 car parking spaces between the 2 buildings. 1 parking space for each unit. Lots of room to increase the rents for potential cashflow growth. Close to LB city college and CSLBU. Price Improved!! Fully leased 4 unit multi-family property located in a residential neighborhood in Long Beach. Easy access to major streets and Freeway, conveniently located for employment center, shopping centers, restaurants, schools, college and most amenities. The property consists of 2 buildings. 1 building for 3-bedroom 2 bathroom unit has been newly remodeled with laminate wood floors. Another building for 3 units for 2 bedroom 1 bathroom unit, 1 bedroom 1 bath units x 2. Perfect unit mix for all types of tenants. 4 car parking spaces between the 2 buildings. 1 parking space for each unit. Lots of room to increase the rents for potential cashflow growth. Close to LB city college and CSLBU.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.berndbrokerage.com/homes/132305316
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2030 Lemon Avenue Long Beach, CA 90806

  • Price: $1,195,000
  • Status: CONTINGENT
  • On Site: 166 Days
  • Updated: 20 min ago
  • ID#: OC22170923
7
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Long Beach (90806)
County:
Los Angeles
Area:
Long Beach (90806)
Property Description
Price Improved!! Fully leased 4 unit multi-family property located in a residential neighborhood in Long Beach. Easy access to major streets and Freeway, conveniently located for employment center, shopping centers, restaurants, schools, college and most amenities. The property consists of 2 buildings. 1 building for 3-bedroom 2 bathroom unit has been newly remodeled with laminate wood floors. Another building for 3 units for 2 bedroom 1 bathroom unit, 1 bedroom 1 bath units x 2. Perfect unit mix for all types of tenants. 4 car parking spaces between the 2 buildings. 1 parking space for each unit. Lots of room to increase the rents for potential cashflow growth. Close to LB city college and CSLBU. Price Improved!! Fully leased 4 unit multi-family property located in a residential neighborhood in Long Beach. Easy access to major streets and Freeway, conveniently located for employment center, shopping centers, restaurants, schools, college and most amenities. The property consists of 2 buildings. 1 building for 3-bedroom 2 bathroom unit has been newly remodeled with laminate wood floors. Another building for 3 units for 2 bedroom 1 bathroom unit, 1 bedroom 1 bath units x 2. Perfect unit mix for all types of tenants. 4 car parking spaces between the 2 buildings. 1 parking space for each unit. Lots of room to increase the rents for potential cashflow growth. Close to LB city college and CSLBU.
Exterior Features

Pool N/K Units With Patios 0

Interior Features

Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 0 Units With Range Oven 4 Units With Refrigerators 0 Units With Washers 0

Property Features

Actual Cap Rate 4.7 Annual Expense Actual 22524 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 81420 Tenant Pays Electricity Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2500.0 Unit2 Rent Actual 2145.0 Unit3 Rent Actual 1125.0 Unit4 Rent Actual 1015.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Vista Pacific Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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