Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Asphalt
Appliances Free-Standing Range Gas Range Gas Water Heater Refrigerator Water Heater
Garage Spaces 5
Pool Features None
Construction Materials Stucco
Year Built 1920
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One Two
Property Subtype Mixed Use
Gross Income 128800
Community Features Biking Curbs Dog Park Golf Park Storm Drain(s) Street Lights Sidewalks Urban Water Sports
County Los Angeles
Net Operating Income 86304
Operating Expense 42496
Insurance Expense 2730
New Construction false
Property Type Residential Income
Contingency 1.) Seller must conclude a Tax Deferred 1031 Exchange. 2.) Garages are rented separately: 1 double and 3 singles. Owner pays gas for 3414 E 1st St. as it includes laundry Room gas. 3.) 3416 E. 1st St. is vacant and being painted and new carpet installed.
MaintenanceExpense 4500
Subdivision Name Bluff Park (BLF)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North of Ocean East of Redondo
City Long Beach
Entry Location Frony
Senior Community Y/N false
Number Of Units Total 6
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 9631
Number of Units Leased 5
Listing Terms Cash Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Trash Expense 564
Water Sewer Expense 1440
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 12265
Property Sub Type Additional Mixed Use
Taxes 23125
Cap Rate 4.7