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Active Under Contract

Buy a multi-family propertyat 115 Euclid Avenue, Long Beach, CA 90803

$1,599,000

$1,675,000 (-4.54%)

$0/mo

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Multifamily

2,494 Sq. Ft. lot

0 Bathrooms

562 Days on market

PW22234630 MLS ID

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About 115 Euclid Avenue multi-family property

Located in the heart of Belmont Heights, we are pleased to present this opportunity to own 115 Euclid Ave.. This property includes four large 900 sq. ft. 1-bedroom / 1-bathroom units. 115 Euclid is a few blocks from the ocean and the shops on Second Street. With a walk score of 90, this is the most walkable zip code in Long Beach. The property has beautiful decorative fireplaces, wood built-ins, and aesthetic period detailing. The owner meticulously maintained the property's features and recently installed supports of the foundation, copper plumbing throughout the building as well as a large portion of new windows. Finally, there is an additional room on the roof that can be used as an office or artist studio, for additional income.
Located in the heart of Belmont Heights, we are pleased to present this opportunity to own 115 Euclid Ave.. This property includes four large 900 sq. ft. 1-bedroom / 1-bathroom units. 115 Euclid is a few blocks from the ocean and the shops on Second Street. With a walk score of 90, this is the most walkable zip code in Long Beach. The property has beautiful decorative fireplaces, wood built-ins, and aesthetic period detailing. The owner meticulously maintained the property's features and recently installed supports of the foundation, copper plumbing throughout the building as well as a large portion of new windows. Finally, there is an additional room on the roof that can be used as an office or artist studio, for additional income.

Property details

House

2 total stories

Built in 1923

Stories: 2

3624 total building sqft

No Common Walls

Two

Community

Street Lights

Cooling

No cooling

Expenses

Insurance Expense: $2,400

Operating Expense: $27,842

Water Sewer Expense: $472

Heating

Floor Furnace

Wall Furnace

Income

Gross Income: 84120

Gross Scheduled Income: 84120

Net Operating Income: 56278

Interior Features

Ceiling Fan(s)

Laundry

Inside

Stacked

Listing

Listing ID: PW22234630

Property Subtype: Quadruplex

264 days on market

Listed on 2022-11-02

Rent controlled

Location

County: Los Angeles

Subdivision: Belmont Heights (BH)

Lot

2494 sqft

0.0573 acres

Area: 2494

Desert Front

Rectangular Lot

Property

Single building

4 units

Neighborhood

Sewer

Public Sewer

Taxes

New Taxes: $24,971

Utilities

4 separate electric meters

4 separate gas meters

Monthly cost

Estimated monthly cost

$10,189/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,503,060

+$47,970

$1,551,030

Seller agent commission$47,970 (3%)*

$0 (0%)

Buyer agent commission$47,970 (3%)*

$47,970 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $47,970 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 18, 2024 at 1:09 p.m.

Data updated: Jul 24, 2023 at 8:06 p.m.

Property listed by Sage Real Estate, Juan Huizar
Based on information from California Regional Multiple Listing Service, Inc. as of 07/24/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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