CA > Long Beach > Poly High
Long Beach, CA 90806,522 East Rhea East Street
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Long Beach, CA 90806,522 East Rhea East Street
Long Beach, CA 90806,522 East Rhea East Street
Long Beach, CA 90806,522 East Rhea East Street
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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Marvin Malone • Amberwood Real Estate, Inc.
$ 1,780,000
Est. payment /mo
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Pending

522 East Rhea East Street Long Beach, CA 90806

4,212 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,212 sqft

Price per Sqft $422

Subdivision Poly High

MLS Listing ID PW-24016535

Year Built 1923

Lot Size 6,500 Sqft

Property Sub-Type Quadruplex

Property Description

Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Interior Features Copper Plumbing Full, Ceiling Fan(s), Granite Counters, Recessed Lighting

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile

Fireplaces Type None

Laundry Dryer Included, Gas & Electric Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included

Exterior

Parking Features On Site, Assigned, Concrete

Pool None

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Near Public Transit, 2-5 Units/Acre

Sewer Public Sewer

agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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522 East Rhea East Street