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    4118 E 14th Street

    Long Beach, CA 90804
    • $525,000
    • STATUS: Active Under Contract
    • ON SITE: 43 days
    • ID#: OC20237181
    Under Contract
    UPDATED: 33 min ago
    $525,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 936
      SQFT
    • $561
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Welcome to 4118 East 14th St, a duplex located near the famous Traffic Circle of Long Beach. This affordable duplex is perfect for any owner occupant or investor looking to own an investment in a great area. Long term tenants both front and back unit would love to stay. Front unit: Studio, 1 full bathroom, full kitchen, washer/dryer, updated flooring with charming front porch. Back unit: 1 bedroom, 1 full bathroom, spacious living room, full kitchen, washer and access to a large spacious yard with fruit trees. Convenient to Cal State Long Beach (CSULB), Kaiser, VA, Recreational Park Golf Course, downtown Long Beach, shopping, dining, LBG airport and quick freeway access. Affordable duplex that is a rare gem in this area. Virtual tours available. Projected proforma opportunity $2900/month based on recent comps = 6.6% cap rate potential. Don't miss out on this opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-21T22:28:44.81. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.

    www.mainstreetgroup.com/homes/112482621
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    4118 E 14th Street Long Beach, CA 90804

    • Price: $525,000
    • Status: Active Under Contract
    • Updated: 33 min ago
    • ID#: OC20237181
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    936
    SQFT
    $561
    $/SQFT
    1910
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Welcome to 4118 East 14th St, a duplex located near the famous Traffic Circle of Long Beach. This affordable duplex is perfect for any owner occupant or investor looking to own an investment in a great area. Long term tenants both front and back unit would love to stay. Front unit: Studio, 1 full bathroom, full kitchen, washer/dryer, updated flooring with charming front porch. Back unit: 1 bedroom, 1 full bathroom, spacious living room, full kitchen, washer and access to a large spacious yard with fruit trees. Convenient to Cal State Long Beach (CSULB), Kaiser, VA, Recreational Park Golf Course, downtown Long Beach, shopping, dining, LBG airport and quick freeway access. Affordable duplex that is a rare gem in this area. Virtual tours available. Projected proforma opportunity $2900/month based on recent comps = 6.6% cap rate potential. Don't miss out on this opportunity.
    Exterior Features

    Garage Spaces 0.00 Lot Features Front YardYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features None Parking Total 0.00 Parking YN No Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Elevation Units Feet Gardener Expense 495.00 Gross Income 21900.00 Gross Scheduled Income 21900.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 19099.00 New Construction YN No New Taxes Expense 6300.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 2800.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Probate Listing Total Actual Rent 1825.00 Total Expenses 6795.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Debbie Marie Kanehira of Wavecrest Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-21T22:28:44.81. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.

     
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