1867 Pasadena Avenue

  • Long Beach

  • $945,000
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Residential Income Details

Description
This investment opportunity is located in northwest Long Beach, CA, just off Pasadena Avenue and California’s historic Pacific Coast Highway. The Four-Plex consists of three (3) 1 bedroom/1 bath units, each roughly 755 SF, and one (1) studio unit at approximately 330 SF. Some amenities of the property include each of the units having individual water heaters, are separately metered for gas and electricity, and have three (3) total attached garages. Recently, one unit has been completely remodeled with renovations including a brand new kitchen and bathroom. A new investor has the opportunity to collect stabilized HUD-VASH rents, have the peace of mind knowing the units have been well maintained and regularly pass the yearly Section 8 inspections, and most importantly feel great about housing our U.S. military veterans and their families.
Essential
MLS #OC18235745
Price$945,000
Number of Units4
Sale TypeStandard
StatusActive
Listing BrokerageBrett Bayless, Broker
Listing AgentBrett Bayless
Listing Agent BRE #01718244
Interior
Exterior
Garage Spaces3
PoolNone
Community
Area9 - Poly High
TractPoly High (PH)
CommunitySidewalks
Address1867 Pasadena Avenue
CityLong Beach
CountyLos Angeles
StateCA
ZipCode90806
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 27, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.