Address
672 Junipero Avenue Long Beach, CA
Price
$ 1,199,000
Property Attributes
  • MLS#PW20147640
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaEastside - Circle Area
  • NeighborhoodEastside
  • Zip90814
  • Style
  • Price$ 1,199,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,199 SqFt
Listing Provided Courtesy Of:
George Bustamante with Coldwell Banker Commercial.
Property Description

Located in the desirable Historic Rose Park district of Long Beach. This 4-unit 1920's apartment property is comprised of 2 buildings on a 4,401 sq ft lot. Building features four units tucked away with private gardens, patios, built-in cabinets with the 1920's charm, updated granite counter tops, tile floors and new paint. Tankless water heaters in two of the units as well as two garages. All the units are separately metered, and tenants pay their own utilities except water. Very rare to find such a beautiful 4-unit property in this condition. Property is very quiet and on a very nice street near Rose Park. The property is located within walking distance of the vibrant Retro Row retail/restaurant area of Long Beach and the fast-developing East Village Arts District, which is close to downtown. With a current 4.78% Cap Rate, this is perfect investment for owner occupant that wants a home and rental income or for an investor who wants a low maintenance rental with excellent long-term tenants, good cash flow and upside in the rent.

Price History
7/25/2020 Listed $1,250,000
10/12/2020 5% - $1,199,000

General Features

Appliances Gas Oven, Gas Range
Attached Structure Attached
Co-Listing Agent Last Name Vessell
Co-Listing Agent Last Name Christa
Co-Listing Agent State License # 02058824
Co-listing Agent Christa Vessell - BRE#02058824
Community Features Curbs, Storm Drains, Street Lights, Urban
Cooling None
Directions South of 7th St and east of Cherry
Flooring Carpet, Tile, Wood
Garage Spaces 2.00
Heating Wall Furnace
Listagentaor Pacific West
Listing Agent George Bustamante - BRE#01484265
Listing Agent State License 01484265
MLS Area 3 - Eastside, Circle Area
Pool Features None
Property Attached Y/N Yes
PropertyCondition Repairs Cosmetic
Roof Asphalt, Flat, Shingle
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Eastside (ES)
Subdivision Name Eastside (ES)
Total Units 4
Utilities Electricity Connected, Natural Gas Connected
Zoning LBCNR

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Appliances Y/N Yes
Common Walls 1 Common Wall
Fireplace Features None
Heating Y/N Yes
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 0.00
Foundation Details Raised
Lot Features Level, Yard
Lot Size Acres 0.0964
Lot Size Area 4201.0000
Lot Size Source Assessor
Lot Size Square Feet 4201.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Numberofrentedgarages 2
Total Parking 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90814

Price
AVG $1.56M
$1.2M
Visits
AVG 138
159
Year Built
AVG 1929
1921

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