2818 E Mariquita Street

    Long Beach, CA 90803
    • $1,250,000
    • STATUS: Closed
    • ON SITE: 156 days
    • ID#: PW18008810
    Sold - 05/21/2018
    $1,250,000
    SOLD - 05/21/2018
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,266
      SQFT
    • $383
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    WOW 100K PRICE DROP!! This property appraised for $1,380,000 3 months ago! We are listed below appraised value! Great investment opportunity 4-plex in highly sought after Bluff/ Belmont heights 90803! Live in the front house and rent out the back to help pay the mortgage! 4 blocks to the beach! Just a few blocks to 2nd St. and 4th St. arts district! Great unit mix front house 2bedroom plus large bonus room currently used as 3rd bedroom/2 bath. 3 units in back consisting of 1 studio & 2-1bed/1bath. Separately metered for gas and electric. Seller pays water only for utilities, tenants pay all other utilities. 2 garages bring in additional income. All tenants are long term on month-month leases. Rents are very low with tons of upside. Long Term owner.

    Sold by Brandon Caldarella of First Team Real Estate.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T00:31:37.313. 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.
    www.inlandempiresold.com/homes/80034857

    2818 E Mariquita Street Long Beach, CA 90803

    • Price: $1,300,000
    • Status: Closed
    • Updated: 220 min ago
    • ID#: PW18008810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,266
    SQFT
    $383
    $/SQFT
    1921
    Built
    Neighborhood:
    Belmont Heights (Bh)
    County:
    Los Angeles
    Area:
    2 - Belmont Heights, Alamitos Heights
    Property Description
    WOW 100K PRICE DROP!! This property appraised for $1,380,000 3 months ago! We are listed below appraised value! Great investment opportunity 4-plex in highly sought after Bluff/ Belmont heights 90803! Live in the front house and rent out the back to help pay the mortgage! 4 blocks to the beach! Just a few blocks to 2nd St. and 4th St. arts district! Great unit mix front house 2bedroom plus large bonus room currently used as 3rd bedroom/2 bath. 3 units in back consisting of 1 studio & 2-1bed/1bath. Separately metered for gas and electric. Seller pays water only for utilities, tenants pay all other utilities. 2 garages bring in additional income. All tenants are long term on month-month leases. Rents are very low with tons of upside. Long Term owner.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 79056.00 Gross Scheduled Income 79056.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 53758.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 25298.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Belmont Heights (Bh) Total Actual Rent 6588.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbr2a

    Listing provided courtesy of Kristina Moore of Main Street Realtors.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T00:31:37.313. 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.
     
    RE/MAX Empire Properties
    street
    Hemet CA, 92545