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1072 E 72nd Street

Long Beach, CA 90805
  • $810,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PW22077000
UPDATED: 19 min ago
$810,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Alex Colombo of Lyon Stahl Investment Real Est (310-425-9838)


Description

We are pleased to present a two-unit property located at the border of North Long Beach and Paramount. Each unit is a 2-bedroom & 1-bath currently occupied by a tenant. One tenant is paying $1,400 and the other one $1,550 per month; both tenants are on a month-to-month basis. Because its affordable price point, great location, and solid potential for future appreciation and increase in cashflow, this property will trade rapidly.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T19:29:21.743. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127766919
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1072 E 72nd Street Long Beach, CA 90805

  • Price: $810,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 19 min ago
  • ID#: PW22077000
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1954
Built
Neighborhood:
North Long Beach (Nlb)
County:
Los Angeles
Area:
7 - North Long Beach
Property Description
We are pleased to present a two-unit property located at the border of North Long Beach and Paramount. Each unit is a 2-bedroom & 1-bath currently occupied by a tenant. One tenant is paying $1,400 and the other one $1,550 per month; both tenants are on a month-to-month basis. Because its affordable price point, great location, and solid potential for future appreciation and increase in cashflow, this property will trade rapidly.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 35400 Gross Scheduled Income 35400 Insurance Expense 948 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 18716 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 15622 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 600 Water Sewer Expense 1200 Water Source Public Zoning Lbr1n



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T19:29:21.743. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Alex Colombo of Lyon Stahl Investment Real Est (310-425-9838)