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522 Rhea Street
Long Beach, CA 90806
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $140,100 per Year!!! With a Current Rate at 6.6, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!
PROPERTY INFORMATION
| MLS # | PW24016535 | Lot Size | 6,500 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,799,000
Price Per SqFt: $ 427 |
DOM | 464 Days |
| Address | 522 Rhea Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 4,212 Sq. Ft. |
| Postal Code | 90806 | Garage | N/A |
| County | Los Angeles | Year Built | 1923 |
| Bed / Bath | 15 / 0 | Parking | 8 |
| Built In | 1923 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Gas & Electric Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Portable Dishwasher, Refrigerator |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Kitchen, Living Room |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Laminate, Tile |
| InteriorFeatures Information | Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Recessed Lighting |
| EntryLocation | Steps |
| Entry Level | 2 |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | Double Pane Windows |
| SecuritySafety | Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s) |
EXTERIOR FEATURES
| Roof | Composition |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Security, Wrought Iron |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,919
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/22/2024 | Relisted | $1,799,000 |
| 06/21/2024 | Price Change | $1,799,000 (-2.76%) |
| 03/28/2024 | Price Change | $1,850,000 (-2.58%) |
| 02/13/2024 | Price Change | $1,899,000 (-1.35%) |
| 01/30/2024 | Listed | $1,925,000 |
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Listing provided courtesy of Marvin Malone, Amberwood Real Estate, Inc.. 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.
