Long Beach CA  home offered at $1,160,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

231 E Hullett Street
Long Beach, California CA 90805-3421
Sold For: $1,120,000
Listing ID: SB22075507
Price/SqFt: $479.66
Status: Closed
Sold Date: 10/19/2022
SqFt: 2,335 Sq Ft
Acres: 0.138 Acres
Subdivision: North Long Beach (NLB)
Year Built: 1929

Rare opportunity to invest in a fully renovated 4-unit property with strong rents. This is a legal duplex with a fully permitted ADU and Jr ADU. The property was extensively renovated with all new kitchens, baths, and much more. The units are individually metered for gas and electricity.

Primary Features

County: Los Angeles
Price Reduction Date: 2022-07-29T18:01:20+00:00
Price/SqFt: 479.66
Property Type: Residential Income
Subdivision: North Long Beach (NLB)
Year Built: 1929
Zoning: LBR1N

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 1 Common Wall
Laundry: yes
Laundry Features: Inside

External

Lot Features: Yard
Lot Size Area: 6019
Lot Size Source: Assessor
Lot Size Square Feet: 6019
Number Of Buildings: 3
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 7 - North Long Beach
Subdivision Name Other: North Long Beach (NLB)

Additional

Additional Parcels: no
Community Features: Curbs
Days On Market: 79
List Agent State License: 01950585
List Office State License: 01914434
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Number Of Units Leased: 4
Number Of Units Total: 4
Parcel Number: 7125026020
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 5.6
Gross Multiplier: 12.8
Gross Scheduled Income: 90012
Land Lease: no
Price Per Unit: 290000
Rent Control: yes
Special Listing Conditions: Standard
Tax Block: 13
Tax Census Tract: 5703.03
Tax Lot: 28
Tax Tract Number: 5992

Zoning Info


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Based on information from CARETS as of Thursday, March 28th, 2024 10:16:57 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
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Listed by: Cody Charnell, DRE #01950585 from Buckingham Investments

Contact - Listing ID SB22075507

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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