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Shawn Luong
Mobile Phone:
626-643-7090
reoagent@shawnluong.com

DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com

DRE# 00857818
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1335 E South Street,  Long Beach CA, 90805 (Residential)

6 beds , 2 Full baths
1,892 sqft
Status: Sold
MLS#: PW19067238
1of
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Last Updated: 9/17/2019 2:09 AM
Description for 1335 E South Street Long Beach, CA 90805
INVESTOR SPECIAL!! Cash flowing $4500 per month! Tough to find this cap rate anywhere in Southern California! Units can be used for Section 8 Tenants or on the open market. NO Rent Control! 2 year History of full occupancy. Bottom Unit was just remodeled and is back on the market to occupy. This is a great opportunity to buy this Duplex, live in one unit and rent the other one out! Both units have 3 bedrooms and there is parking on the property for 4 cars, possibly 6 cars. Will not last long in this very strong rental market. Down stairs remodel included, Brand New Carpet, interior doors, closet doors, bathroom vanity, fresh paint. Duplex has private gated parking, Large front yard for recreational space, gated backyard for down stairs tenant. Managed by a local management company, 100% passive income and hands free if new owner continues to work with Management Company. Please call today to schedule a viewing and more details!
Price
Sold Price:
$660,000
Sold Date:07/05/2019
Los Angeles
6
2 Full
1,892 (approx)
PW19067238
Closed
Description
INVESTOR SPECIAL!! Cash flowing $4500 per month! Tough to find this cap rate anywhere in Southern California! Units can be used for Section 8 Tenants or on the open market. NO Rent Control! 2 year History of full occupancy. Bottom Unit was just remodeled and is back on the market to occupy. This is a great opportunity to buy this Duplex, live in one unit and rent the other one out! Both units have 3 bedrooms and there is parking on the property for 4 cars, possibly 6 cars. Will not last long in this very strong rental market. Down stairs remodel included, Brand New Carpet, interior doors, closet doors, bathroom vanity, fresh paint. Duplex has private gated parking, Large front yard for recreational space, gated backyard for down stairs tenant. Managed by a local management company, 100% passive income and hands free if new owner continues to work with Management Company. Please call today to schedule a viewing and more details!
Listing Information
Property Type: Other, 2 Story
6 2 Full
0.09 Acres 3,758 sq.ft. 1,892 (approx)
$348.84 1960
2
Neighborhood
School Information
District: Long Beach Unified
Room Information
Bathrooms
2
Living Room
First Floor Bedroom
Interior Features
Electric
Electric Heating
No Fireplace
Granite Counter Top
Exterior / Lot Features
4 Parking Spaces, No Parking
None
No Pool
LBCNR
Gutters, Sidewalks, Urban, Storm drains
Driving Directions
On South just east of Orange
Financial Considerations
7123021029
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90805 has a population of 470,001.

The median household income in Long Beach, California 90805 is $42,258. The median household income for the surrounding county is $52,750 compared to the national median of $49,877. The median age of people living in Long Beach 90805 is 37 years.

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Courtesy: Robin Reed - Queen City Realty
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