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1310 Parade Street
Long Beach, CA 90810
Sold
1310 Parade Street
Long Beach, CA 90810
Sold
*Prime Multi-Unit Investment Opportunity in Long Beach, CA*Discover this exceptional multi-unit property located just 1.5 miles from downtown Long Beach and conveniently close to major freeways. This unique offering comprises seven units spread across three separate buildings, presenting an ideal investment with significant rental potential.*Property Highlights:*- *Three Separate Buildings:*- Stand-Alone Bungalow: A charming 2 bed, 1 bath home featuring an attached garage and private yard, perfect for attracting long-term tenants. -*Four-Unit Building:* A two-story structure, each unit offering 2 bedrooms and 1 bathroom, providing consistent rental income. - *Spanish-Style Duplex:* Classic architecture with two 1 bed, 1 bath units, adding diversity to your rental portfolio.- *Parking:* Dedicated parking for 4 cars located at the rear of the property.- *Occupancy:* All units are currently occupied, ensuring immediate rental income from day one. The property will be delivered fully occupied at close of escrow.- *Potential:* With some updating, this property can significantly increase its rental income, making it an excellent opportunity for investors looking to enhance their portfolio. This multi-unit property offers a blend of stable occupancy and potential for growth, all in a prime Long Beach location.
PROPERTY INFORMATION
| MLS # | 24395287 | Lot Size | 8,549 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,100,000
Price Per SqFt: $ 219 |
DOM | 316 Days |
| Address | 1310 Parade Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 5,019 Sq. Ft. |
| Postal Code | 90810 | Garage | N/A |
| County | Los Angeles | Year Built | 1930 |
| Bed / Bath | 12 / 0 | Parking | 5 |
| Built In | 1930 | Status | Closed |
| Sold Date | 2024-06-26 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Carpet, Laminate |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/26/2024 | Sold | $1,100,000 |
Topfind Realty
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(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Daniel Kountz, Keller Williams Studio City. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
