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811 E 9th

Long Beach, CA 90813
  • $650,000
  • STATUS: ACTIVE
  • ON SITE: 201 Days
  • ID#: 210008964
$650,000
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

Investment opportunity in downtown Long Beach. Duplex with 2 separate houses on one lot. Both houses are occupied with long-term tenants. Rent is paid despite COVID. Each house has its own yard maintained by the tenants. Laundry hookups in both houses. Separate Gas and Electric meters for each unit. There is an unpermitted, unused structure with its own entrance behind the second unit. The current owner purchased the property with the unpermitted structure in place. Buyers to verify all the information, including the SqFt of the property. Do not disturb tenants.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.welcometosandiegorealestate.com/homes/115856660
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811 E 9th Long Beach, CA 90813

  • Price: $650,000
  • Status: ACTIVE
  • ID#: 210008964
4
Beds
2
Baths
0
½ Baths
N/A
Acres
1922
Built
Neighborhood:
Long Beach
County:
Los Angeles
Area:
Long Beach (90813)
Property Description
Investment opportunity in downtown Long Beach. Duplex with 2 separate houses on one lot. Both houses are occupied with long-term tenants. Rent is paid despite COVID. Each house has its own yard maintained by the tenants. Laundry hookups in both houses. Separate Gas and Electric meters for each unit. There is an unpermitted, unused structure with its own entrance behind the second unit. The current owner purchased the property with the unpermitted structure in place. Buyers to verify all the information, including the SqFt of the property. Do not disturb tenants.
Exterior Features

Exterior Other/Remarks Fencing FullGate Frontage Open Space Roof Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Heat Equipment N/K Heat Source Other/Remarks Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 1 Units With Refrigerators 0 Units With Washers 0

Property Features

Actual Cap Rate 0.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 5232 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Downtown Complex Features N/K Complex Park Duplex Cross Streets Olive Gross Rent Multiplier Actual 0.0 Gross Rent Multiplier Project 0.0 Gross Scheduled Income Actual 33480 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 0.0 Projected Other Income 0.0 Sales Restrictions Call Agent Security N/K Short Sale No Tenant Pays TrashElectricityGardenerGas/Propane Terms CashConventional Unit1 Deposit 1200 Unit1 Occupied Tenant Unit1 Rent Actual 1400.0 Unit2 Deposit 1200 Unit2 Occupied Tenant Unit2 Rent Actual 1390.0

Listing provided courtesy of Compass. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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