4526 E Vermont Street Long Beach, CA $ 1,299,999
4526 E Vermont Street
$ 1,299,999
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4526 E Vermont Street

Long Beach, CA, 90814
$ 1,299,999
Bedrooms2 Baths1.0 Sq 1,920

Monthly Estimate*

$ 8,640

Listed by Michael Bryant, Broker
4526 E Vermont Street, Long Beach, CA 90814 - Image 1
4526 E Vermont Street, Long Beach, CA 90814 - Image 2
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4526 E Vermont Street, Long Beach, CA 90814 - Image 8
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Multi-Family Home for sale in Long Beach, CA

for $1,299,999 with 2 bedrooms and 1 full bath. This 1,920 square foot home was built in 1968 on a lot size of 0.1476.

Talk about location! 2 blocks from Colorado Lagoon, 3 blocks from Marine Stadium, and 1 block walk to 4 restaurants, liquor store, and a laundromat! But it gets better, because there are only 5 properties on the cul de sac street (marked Not A Through Street) and this is the only duplex. And no parking across the street, so the only traffic is the people that live there, the occasional misdirected driver that didn't read the sign, and locals walking their dog for the most part. With no sidewalk the foot traffic is negligible. And it is quiet! THIS IS THE IDEAL LOCATION. SEE IT! Just a little remodel work and some yard clean up and you will have one of the most unique properties in Belmont Heights. No neighbors looking in your back yard, no problem on sweeper day or guest parking issues (off street) and did I say QUIET? Both units need remodeling to get top rents so this is a great property to develop your way. See the Inspection Report. Add a second story, new kitchen and bath, a deck..the possibilities are endless. Parking is NOT on an alley, but down a long driveway, which limits visibility from the street and it is possible to get 10 cars off the main road so the street sweeper won't ding you! Privacy, especially in the back yard, is something you just won't see in units around here. You must see to believe! Buy now or cry later. Neighbors all show pride of ownership with no deferred maintenance and are long term stable, Easy walk to Wilson High School and close enough to saunter to 2nd St and not fight traffic. Seller will perform no repairs. Be the artist on this canvas.

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Multi-Family Pending

Price

$ 1,299,999

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 7,767

Style

Duplex

Lot Size

0.1476

Year Built

1968

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

RS24102745

Days on Market

29

Features
General
Interior Features LaminateCounters Unfurnished AllBedroomsDown
Sewer PublicSewer
Heating WallFurnace
Cooling None
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances Disposal GasRange GasWaterHeater Refrigerator
Exterior Features Lighting
Zoning LBR1N
HOA 0.0
Garage Spaces 3.0
Pool Features None
Construction Materials BlownInInsulation Frame Stucco
Year Built 1968
Electric Item220VoltsinGarage
Tenant Pays Electricity Gas Telephone
View None
Stories 1
Levels One
Property SubType Duplex
Gross Income 0.0
Community Features Biking Golf Park WaterSports
Accessibility SafeEmergencyEgressfromHome LowPileCarpet NoStairs AccessibleDoors
County Los Angeles
Net Operating Income 36713.0
Operating Expense 12967.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency None
Subdivision Name Belmont Heights (BH)
Garage Y/N Y
Other Structures Sheds
Special Listing Conditions Standard
Status Pending
Directions South of 4th St East of Ximeno
City Long Beach
Disclosures RentControl
Entry Location Front
View Y/N N
Senior Community Y/N N
Open Parking Spaces 7.0
NumberOfUnitsTotal 2
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units SquareFeet
Lot Size Square Feet 6428.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Listing Terms Cash CashtoNewLoan OwnerMayCarry
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7767.0
Electric Expense 0.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 0.0
Trash Expense 600.0
Water Sewer Expense 600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 21
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 213
Total Actual Rent 49680.0
Property Sub Type Additional Duplex
Cap Rate 2.82
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Interior
Flooring Carpet Laminate Vinyl
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features WasherHookup GasDryerHookup InGarage InKitchen Outside SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Block Wood
Parking Features Concrete DirectAccess Driveway Garage
Lot Features Item01UnitAcre
Water Source Public
Total Parking 10.0
Lot Size Area 6428.0
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 1920.0
Lot Size Acres 0.1476
Road Surface Type Paved
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4526
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* Excluded Features
List By
Michael Bryant, Broker

Broker

(714) 326-8613

Phone

Affordability Calculator

$9,287
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2024$1,299,999 Listed Price

Map


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4526 E Vermont Street, Long Beach, CA, 90814 is a Multi-Family Home for sale at $1,299,999 with 1,920 sqft and a lot size of 0.1476. 4526 E Vermont Street has 2 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 90814 which is in Long Beach, CA