3622 East 11th, Long Beach, CA 90804
3622 East 11th, Long Beach, CA 90804
3622 East 11th, Long Beach, CA 90804
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Anthony P. Walker • Buckingham Investments, Inc
$1,595,000
Est. payment /mo
3,800 SqFt
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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $419

MLS Listing ID SB-26196309

Style Traditional

Year Built 1950

Lot Size 6,214 Sqft

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property.

Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Interior Features Open Floorplan

Heating Wall Furnace

Flooring Laminate, Tile

Fireplaces Type None

Laundry Community, Inside

Exterior

Parking Features Garage

Garage Spaces 1.0

Pool None

Community Features Suburban

View Y/N No

View None

Building

Lot Description Rectangular Lot

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

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3622 East 11th