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1569 W 23rd Street

Long Beach, CA 90810
  • $750,000
  • STATUS: Active Under Contract
  • ON SITE: 91 Days
  • ID#: PW22141852
Under Contract
UPDATED: 74 min ago
$750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Listing Agent(s): Lily Le of 999 Investments, Inc (949-678-0681)


Description

Great Investment Property! This property bring endless opportunity! Legal Duplex with potential of turning this into 4plex. Seller has approved permit with city to build another duplex in the back. For owner occupy buyer - you can live one and rent out the other and if you have extra cash, you can always build 2 more units for even more income. As of now, owner has spent over $70K to complete some of the main upgrades such as new roof, new water heater, one of the bathrooms has been remodeled, all 4 bathrooms come with new toilets, new exterior stucco painting. Property located in a nice and easy going area of Long Beach that is walking distance to schools, restaurants, shopping's, less than 5 miles away from Long Beach Aquarium, The Pike, Queen Mary...Too much to list! Must see to Appreciate!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T08:27:31.457. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/130395178
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1569 W 23rd Street Long Beach, CA 90810

  • Price: $750,000
  • Status: Active Under Contract
  • On Site: 91 Days
  • Updated: 74 min ago
  • ID#: PW22141852
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1943
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Great Investment Property! This property bring endless opportunity! Legal Duplex with potential of turning this into 4plex. Seller has approved permit with city to build another duplex in the back. For owner occupy buyer - you can live one and rent out the other and if you have extra cash, you can always build 2 more units for even more income. As of now, owner has spent over $70K to complete some of the main upgrades such as new roof, new water heater, one of the bathrooms has been remodeled, all 4 bathrooms come with new toilets, new exterior stucco painting. Property located in a nice and easy going area of Long Beach that is walking distance to schools, restaurants, shopping's, less than 5 miles away from Long Beach Aquarium, The Pike, Queen Mary...Too much to list! Must see to Appreciate!
Exterior Features

Lot Features 2-5 Units/AcreBack YardFront YardLawn Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 38400 Gross Scheduled Income 38400 Insurance Expense 1500 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 28993 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 9407 Other Expense 7187 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 720 Water Source Public Zoning Lbr1n



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T08:27:31.457. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Lily Le of 999 Investments, Inc (949-678-0681)