Listing Agent: Cody Charnell Broker/Office: Sage Real Estate Group, Inc.
350 South E Long Beach CA 90805
$ 649,900
2
| 3
| 1318 Sq Feet
Listing ID
#PW26100761
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Neighborhood
North Long Beach (NLB)
Year Built
1956
Days on website
2
Description
Value-add opportunity in North Long Beach. The property features a 2 bed / 1 bath main house with a bonus room currently used as a third bedroom. There are two additional detached studio units—one in the front (tenant-occupied) and one in the rear (currently vacant). Property is separately metered with (4) electric meters and (3) gas meters. The property has operated as a triplex for over 30 years and tax records reflect triplex use; however, the current owner has been informed by the City of Long Beach that City records indicate that this is a single-family residence. Seller makes no representations about the legal use of the property. Buyer to independently verify legal use, zoning, and potential paths to legalization. Significant upside for an investor or owner-user willing to navigate the process. Interiors of the front and rear structures recently got new paint and flooring. Middle unit needs TLC.
Location
Financial Information
List Price:
$ 649900
Property Features
Community Features:
Sidewalks
High School District:
Long Beach Unified
Levels:
One
Senior Community YN:
false
Structure Type:
House
Water Source:
Public
High School District:
Long Beach Unified
Senior Community YN:
false
MLS Area Major:
7 - North Long Beach
City:
Long Beach
Listed By:
Cody Charnell
Sage Real Estate Group, Inc.
CA Lic#
CA Lic#