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Buy a multi-family propertyat 2185 Elm Avenue, Long Beach, CA 90806

$850,000

$0/mo

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Multifamily

5,455 Sq. Ft. lot

0 Bathrooms

270 Days on market

PW23144508 MLS ID

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About 2185 Elm Avenue multi-family property

Opportunity to own two units of property in the city of Long Beach, living in one and renting another. Front house consists of 3 beds and 1 bath and at the rear unit is 2 beds and 1 bath. Property locates close to school, mall, food store and easy access to freeways and mini rail and not far from the beach.
Opportunity to own two units of property in the city of Long Beach, living in one and renting another. Front house consists of 3 beds and 1 bath and at the rear unit is 2 beds and 1 bath. Property locates close to school, mall, food store and easy access to freeways and mini rail and not far from the beach.

Property details

Property

Two On A Lot

2 buildings

2 units

Property attached

Updated/Remodeled

Property Access

Alley

City Street

Alley Paved

Appliances & Equipment

Gas Range

Gas Water Heater

Building

1 total stories

Built in 1913

Stories: 1

2104 total building sqft

Contemporary

1 Common Wall

No One Above

Drywall

One

Community

Curbs

Cooling

No cooling

Disclosures

Seller Disclosure

Doors

Panel Doors

Accessibility Features

Parking

Expenses

Insurance Expense: $1,068

Operating Expense: $9,720

Water Sewer Expense: $2,652

Exterior Features

Lighting

Fence

Block

Wood

Floors

Tile

Foundation

Raised

Slab

Heating

Natural Gas

Income

Gross Income: 0

Gross Scheduled Income: 35640

Net Operating Income: 25920

Interior Features

Ceiling Fan(s)

All Bedrooms Down

Listing

Listing ID: PW23144508

Property Subtype: Duplex

3 days on market

Listed on 2023-08-03

Rent controlled

Location

County: Los Angeles

Subdivision: Poly High (PH)

Lot

5455 sqft

0.1252 acres

Area: 5455

2-5 Units/Acre

Parking

4 open parking spaces

4 total parking spaces

Driveway

Possession

Close Of Escrow

Roof

Composition

Security Features

Smoke Detector(s)

Window Bars

Sewer

Public Sewer

Tenant Pays

Electricity

Gas

Utilities

2 separate electric meters

2 separate gas meters

Electricity Available

Natural Gas Available

Phone Available

Sewer Available

Windows

Screens

Monthly cost

Estimated monthly cost

$5,417/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$799,000

+$25,500

$824,500

Seller agent commission$25,500 (3%)*

$0 (0%)

Buyer agent commission$25,500 (3%)*

$25,500 (3%)*

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

Get $25,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 29, 2024 at 11:05 p.m.

Data updated: Aug 6, 2023 at 2:05 p.m.

Property listed by First American Team Realty Inc, Jim Chhun
Based on information from California Regional Multiple Listing Service, Inc. as of 08/06/2023 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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