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932 Temple Avenue

Long Beach, CA 90804
  • $2,000,000
  • STATUS: ACTIVE
  • ON SITE: 26 Days
  • ID#: PW22083966
Price Reduced
UPDATED: 11 min ago
$2,000,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Nicely appointed 6 Unit building located in a very desirable area of Eastside Long Beach. The property has been extensively upgraded giving a new owner the opportunity to increase the monthly income through increased rents. Between 2016 and 2021 several upgrades have been completed, including a new roof installed in 2020. Other upgrades during this time include a newer electrical panel and all electrical conduits to each unit along with each units breaker box. A new wrought iron fence and wood fence along the south border, a new exterior staircase installed, new windows, replaced furnace/wall heaters in most units, and the exterior has been painted. Additionally, the kitchens and bathrooms in most of the units have been remodeled with new cabinets and new appliances. Newer garage doors, first-floor plumbing & sewer pipes. Laundry room with hookups which currently is used by tenants for storage. The list goes on. All units are separately metered for Gas and Electricity. Easy to manage, always rented, no vacancy for almost 5 years with room to increase rents. Nicely appointed 6 Unit building located in a very desirable area of Eastside Long Beach. The property has been extensively upgraded giving a new owner the opportunity to increase the monthly income through increased rents. Between 2016 and 2021 several upgrades have been completed, including a new roof installed in 2020. Other upgrades during this time include a newer electrical panel and all electrical conduits to each unit along with each units breaker box. A new wrought iron fence and wood fence along the south border, a new exterior staircase installed, new windows, replaced furnace/wall heaters in most units, and the exterior has been painted. Additionally, the kitchens and bathrooms in most of the units have been remodeled with new cabinets and new appliances. Newer garage doors, first-floor plumbing & sewer pipes. Laundry room with hookups which currently is used by tenants for storage. The list goes on. All units are separately metered for Gas and Electricity. Easy to manage, always rented, no vacancy for almost 5 years with room to increase rents.

Monthly Payment Calculator

San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
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932 Temple Avenue Long Beach, CA 90804

  • Price: $2,000,000
  • Status: ACTIVE
  • On Site: 26 Days
  • Updated: 11 min ago
  • ID#: PW22083966
5
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Long Beach (90804)
County:
Los Angeles
Area:
Long Beach (90804)
Property Description
Nicely appointed 6 Unit building located in a very desirable area of Eastside Long Beach. The property has been extensively upgraded giving a new owner the opportunity to increase the monthly income through increased rents. Between 2016 and 2021 several upgrades have been completed, including a new roof installed in 2020. Other upgrades during this time include a newer electrical panel and all electrical conduits to each unit along with each units breaker box. A new wrought iron fence and wood fence along the south border, a new exterior staircase installed, new windows, replaced furnace/wall heaters in most units, and the exterior has been painted. Additionally, the kitchens and bathrooms in most of the units have been remodeled with new cabinets and new appliances. Newer garage doors, first-floor plumbing & sewer pipes. Laundry room with hookups which currently is used by tenants for storage. The list goes on. All units are separately metered for Gas and Electricity. Easy to manage, always rented, no vacancy for almost 5 years with room to increase rents. Nicely appointed 6 Unit building located in a very desirable area of Eastside Long Beach. The property has been extensively upgraded giving a new owner the opportunity to increase the monthly income through increased rents. Between 2016 and 2021 several upgrades have been completed, including a new roof installed in 2020. Other upgrades during this time include a newer electrical panel and all electrical conduits to each unit along with each units breaker box. A new wrought iron fence and wood fence along the south border, a new exterior staircase installed, new windows, replaced furnace/wall heaters in most units, and the exterior has been painted. Additionally, the kitchens and bathrooms in most of the units have been remodeled with new cabinets and new appliances. Newer garage doors, first-floor plumbing & sewer pipes. Laundry room with hookups which currently is used by tenants for storage. The list goes on. All units are separately metered for Gas and Electricity. Easy to manage, always rented, no vacancy for almost 5 years with room to increase rents.
Exterior Features

Pool N/K Site Curbs

Interior Features

Stories Split Level Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 0 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 89448 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1470.0 Unit2 Rent Actual 1100.0 Unit3 Rent Actual 1304.0 Unit4 Rent Actual 1100.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of First Team Real Estate. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106