494 E Sunset ST Long Beach, CA 90805
Active
$948,000
5%
3 Units
3 Beds
3 Baths
1,364 Area(sq.ft.)
3,655 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 1,950 | n/a | $ 2,000 |
| Unit 2 | 1 | 1 | 1 | No | n/a | n/a | $ 1,950 |
| Unit 3 | 1 | 1 | 1 | No | n/a | n/a | $ 2,100 |
| 3 | 3 | 3 | 3 | $ 1,950 | $ 0 | $ 6,050 |
| MLS #: | CV24164695MR |
| Days On Market: | 101 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 695 |
| Price per unit: | $ 316,000 |
| Year Built: | 1954 |
Property Details
Gorgeous Remodeled 3-Unit Property in Desirable North Long Beach This beautifully renovated multi-unit property offers a fantastic investment opportunity in a sought-after area of North Long Beach. It consists of 2 attached 1-bedroom, 1-bathroom units and a newly constructed, standalone 3rd unit (built in 2024), providing spacious living arrangements for tenants or owner-occupants. Key Features: Completely Remodeled: All units have been fully renovated inside and out with modern finishes. Upgrades Include: New flooring throughout Brand-new roof Fresh interior and exterior paint Fully updated kitchens with new countertops and appliances Renovated bathrooms with contemporary fixtures Standalone 3rd Unit (Built in 2024): A spacious 1-bedroom, 1-bathroom unit with modern amenities. Individual Utilities: Each unit has its own electric meter and remote-controlled heating/cooling wall units, providing tenants with comfort and privacy. Vacant Units: 2 units are currently vacant, allowing you the flexibility to determine lease terms and conditions. Ideal for Owner-Occupant or Investor: Live in one unit and rent out the others for additional income. Prime Location: Convenient Access to Amenities: Close to shopping centers, restaurants, and more. Proximity to Downtown Long Beach & the Beach: Just a short drive away from Long Beach's vibrant downtown area and the beach. Easy Airport Access: Long Beach Airport is only 13 minutes away, making travel a breeze. Buyer s Responsibility: Buyer and their agents are advised to verify all property details and information independently.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 67,200 |
| Cap Rate: | 6% |
| Actual Gross Rent: | $ 1,950 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | LBR1N |
| Land Lease Type: | Fee |
| Parking Garage: | On street, Public |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | None |
| Heating: | Electric |
| Fireplace Rooms: | None |
| Laundry: | None |
Exterior
| Exterior Construction: | Other |
| Pool: | No |
| Roof: | Shingle |
| Spa: | No |
Detailed Map
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