$1,677,000
$1,695,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/07/2016
Key Details
Sold Price $1,677,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW16191391
Sold Date 10/07/16
HOA Y/N No
Year Built 1923
Property Description
Located in the heart of Belmont Heights, on one of the most desirable streets, this stunning custom built 4- plex offers a versatile 2 story owners unit with 3 bed. 2.5 bath (call agent for info. for possibility of turning this to a 2 bedroom 1.5 bath and an additional 1 bed. 1 bath). Large gourmet kitchen, hardwood floors, recessed lighting, forced air heating, front and back sprinkler system, high ceilings throughout and Vaulted ceiling in the grand living room with a romantic fireplace. Spacious deck off the living room, kitchen and dining area overlooking the beautiful backyard. Newer copper plumbing. Rental units include 2 charming 1 bed 1 bath. (one with front porch and the other one with a very spacious deck. each occupied with very long term tenants and only pay $1400/mo.) The other unit is 2 bed 1 bath rented for only $1600/mo.The seller has provided laundry facility to the tenants complementary. (possibility of additional income!). Total income from the rental units is $4400 (way below market) . The owner's unit can bring in additional $3500. The annual income is calculated using $3500 for the owner's unit and $450 for the garages. Gas, water, trash, electricity is all added under utilities .No vacancy problem in this building. Walk to shore.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR1N
Interior
Interior Features Balcony, Cathedral Ceiling(s)
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks, Park
Utilities Available Sewer Connected
Roof Type Composition,Tile
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard, Sprinklers In Rear, Sprinklers In Front, Near Park
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7256020017
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Bill Larson • Sonnocco Real Estate Group
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Broker Associate | Lic# 01905244