$1,475,000
$1,500,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 07/07/2021
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID PW21011510
Sold Date 07/07/21
HOA Y/N No
Year Built 1923
Lot Size 7,405 Sqft
Property Description
We are proud to offer an 8-unit apartment in the heart of the historic Wilmore District, and across the street from Drake Park. Walking distance to North Pine Ave. and the Entertainment District the Downtown of Long Beach. The subject property is located at 918 and 924 Maine Avenue, 4 blocks West of Magnolia Ave. and 2 blocks North of 7th Street a major artery to access to the city. This investment consists of 2 studio units, and 6 one bedrooms/ one-bathroom units. Built in 1923, this property is a single-story cent courtyard property with two walk-up style units above the 4 garages. With approximately 3,728 rentable square feet, and a lot size of 7,556 sq. ft. the property offers economically friendly units that are perfect the for the working-class individuals or students.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBPD10
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Bath, Gas, Kitchen
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban, Park
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Park/Greenbelt
Roof Type Flat
Accessibility Safe Emergency Egress from Home
Total Parking Spaces 6
Private Pool No
Building
Lot Description Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7271021036
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Saul Miranda • Amer Ex Realty Inc.