Waterfront - Master on Main
Address
1635 E 53rd Street Long Beach, CA
Price
$ 849,900
Property Attributes
  • MLS#PW20244736
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaNorth Long Beach
  • NeighborhoodNorth Long Beach
  • Zip90805
  • StyleRanch
  • Price$ 849,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1752
  • Lot Size6,608 SqFt
Listing Provided Courtesy Of:
Elena Zhurbenko with Berkshire Hathaway H.S.C.P..
Property Description

A Great Investment Opportunity. This Well Maintain Triplex has Three Tudor style Buildings on a Lot Located in a Quiet Neighborhood . Low operating expances with upside in rents and long term tenants. No vacancy rate! Low utility bill on average of $68/ month. Front Home Features 1 Bedroom, 1 Bath and has been Beautifully Upgraded , Washer & Dryer hook ups, Includes 2 Driveway Parking spaces, Front Yard and Beautiful front porch. All Three Units are 1 Bedroom, 1 Bathroom with washer and dryer hook ups , upgrated in 2017, Separately Metered for Electrical and Gas, coper plumbing and new wirering. Backyard and Side-yard for the Rear Units . Middle unit has 1 car garage. Rear unit has 1 car garage plus 1 parking space, currently used as outdoor entertaining space. Minutes to Downtown Long Beach, Local Beaches, Close to all Major Freeways the 405, 91, and 710 , Location near Schools, Parks, Bixby Knolls, Restaurants, Medical Facilities, Shopping, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. The triplex was built in 1941 and consists of 1,752 SF of living space situated on a 6,610 SF lot . Potencial of increasing income with an ADU! One of the strongest rental markets in California - this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low and increase a unit portfolio.

Price History
11/22/2020 Listed $890,000
11/29/2020 5% - $849,900

General Features

Accessibility Parking
Appliances Gas Range, Gas Water Heater, Water Heater
Architectural Style Ranch
Assessments None
Attached Structure Detached
Community Features Curbs, Sidewalks
Directions west of Cherry Ave
Garage Spaces 2.00
HOA Fee 0.00
Heating Wall Furnace
Interior Features Copper Plumbing Full, Storage
Levels One
Listagentaor Pacific West
Listing Agent Elena Zhurbenko - BRE#01996696
Listing Agent State License 01996696
MLS Area 7 - North Long Beach
Number of Units Leased 3
Pool Features None
Price Per Square Foot 485.10
Roof Composition, Shingle
Sewer Public Sewer
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Subdivision Name Cherry Manor (CM)
Subdivision Name North Long Beach (NLB)
Total Units 3
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Connected
View Neighborhood
Zoning LBR1N

Interior Features

1st Bedroom Area 584
1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area 584
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area 584
3rd Bedroom Area Unit Type Square Feet
Appliances Y/N Yes
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Inside
Laundry Y/N Yes
Room Type All Bedrooms Down, Attic, Kitchen, Living Room
Studio Area Unit Type Square Feet
Total Stories 1

Exterior Features

Building Area Total 1752.00
Fence Y/N Yes
Fencing Block, Wood
Foundation Details Raised, Slab
Lot Features 2-5 Units/Acre
Lot Size Acres 0.1517
Lot Size Area 6610.0000
Lot Size Source Assessor
Lot Size Square Feet 6610.00
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 1
Total Parking 5.00
Uncovered Spaces 3.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90805

Price
AVG $1.1M
$850K
Visits
AVG 43
93
Year Built
AVG 1955
1941

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