Income-Generating Property with Two Permitted Homes on One Lot! Income Total: $4,900/month. Immediate rental income ($2,800/mo and $2,100/mo), long-term tenants. Newer Rear ADU built 2019 & Front home built 1941. ADU residence features a spacious 3-bedroom, 1.75-bathroom floor plan, HVAC, tile floors, composite or possible granite counters in Kitchen & Bathrooms, appx. 1,200 sq ft of modern living space. Front of lot is older independent, permitted 2 bedroom, 1 bathroom, Remodeled detached front house, appx 777 sq ft with private entrance, sep utilities, Kitchen Quartz type Counter top, Tile floors in Kitchen and Bath. Floor furnace. Hardwood floors in living room & bedrooms. Both have tankless water heaters, vinyl dual pane windows and copper pipe through out in both houses. Shed. Wood & Vinyl Fencing. Low maintenance. Perfect for a savvy investor looking for instant cash flow. Conveniently located near local amenities, 91 and 710 freeways and mass transit., California 1482 applies. Owner's photos were taken appx. in 2020. s
| MLS # | PW26141156 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 55 |
| Listing Provided By | Results Real Estate | Tom Swanner |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,973 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.11 |
| Property View | None |
| Cooling | See Remarks |
|---|---|
| Heating | Floor Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Bedroom On Main Level |
| Window Features | Double Pane Windows |
| Appliances | Tankless Water Heater |
| Fireplace Yes / No | No |
| Roof | Composition |
|---|---|
| Foundation Details | Raised |
| Lot Features | Zero To One Unit Acre |
| Parking Features | Assigned, Driveway Level |
|---|---|
| Garage Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Sewer Tap Paid |
| Community Features | Curbs |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90805 |
| Area | 7 North Long Beach |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $995,000 low | high Med: $1,272,944 sqft: 1,973 low | high Med: 2,848 $ / sqft: $504 low | high Med: $468 On site: 55 low | high Med: 114 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90805 |
| Area | 7 North Long Beach |
| Community Name | North Long Beach (NLB) |
| Listing VS Median (in North Long Beach (NLB)) | |
Price: $995,000 low | high Med: $1,272,944 sqft: 1,973 low | high Med: 2,848 $ / sqft: $504 low | high Med: $468 On site: 55 low | high Med: 114 | |