268 Park Avenue Long Beach, CA 90803
Active
$2,100,000
8%
3 Units
4 Beds
4 Baths
2,715 Area(sq.ft.)
6,348 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | n/a | n/a | $ 57,600 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,895 | $ 22,740 | $ 25,000 |
| Unit 3 | 1 | 1 | 1 | No | n/a | n/a | $ 25,200 |
| 3 | 3 | 4 | 4 | $ 1,895 | $ 22,740 | $ 107,800 |
| MLS #: | OC24068300MR |
| Days On Market: | 202 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 773 |
| Price per unit: | $ 700,000 |
| Year Built: | 1952 |
Property Details
9/14/24 PRICE REDUCED TO $2,100,000. HOME PLUS INCOME on crest of hill. Classic 1952 MID CENTURY SFR plus 2 separate 1 BR Units built in 1924 over 4 spacious garages. Completely gated. Lush gardens surround this unique property. Ideal family compound and/or rental income. Entire complex recently painted both inside and out. Front SFR offers 1707 sq. ft. w/ spacious LR, FORMAL DR, FAMILY RM, 2 BRS, 1.5 BA. Large KITCHEN w/Lots of cabinetry, separate BRKFST AREA, new STAINLESS STEEL RANGE and DW. New electrical for stove. New kitchen & bath floors. Original HARDWOOD FLOORS in front home & 1 UNIT. Period metal windows bathe the home in sunlight & architectural appeal. Detached SFR has raised deck area in back plus lower [recently poured] CEMENT PATIO and walkways lined w/ flower beds. New water heater in SFR, some new wiring for oven/range. Craftsman style duplex over 4 spacious garages offer separation from front house. Both units include STOVES & REFRIGERATORS. Back units were recently renovated w/period black and white tile floors, subway tile backsplashes, spacious KITCHENS w/ lots of original cabinetry, built-in book cases, writing desks, & faux FP. Both units were replumbed w/ copper pipes. Sewer line was partially redone. Back units enjoy a bit of an ocean view from the balconies and BR. Additional parking in front of 4 garages. Lots of street parking. POTENTIAL FOR ADU (?). WALKING DISTANCE to trendy BELMONT SHORE and OCEAN.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 7,717 |
| Net Operating Income: | $ 0 |
| Actual Gross Rent: | $ 22,740 |
Structure
| Community Features: | Curbs, Gutters, Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Oven-Electric, Range |
| Equipment: | Dishwasher, Garage |
| Heating: | Floor Furnace |
| Fireplace Rooms: | None |
| Laundry: | Garage |
Exterior
| Pool: | No |
Detailed Map
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