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    2256 San Anseline Ave

    Long Beach, CA 90815
    • $2,000,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 21-720048
    UPDATED: 79 min ago
    $2,000,000
    • 8
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,404
      SQFT
    • $454
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Clean 6 unit building in a phenomenal rental location just north of California State University Long Beach, in the Los Altos Area. A high barrier to entry single family home buyer market where the average priced home sells for over $875,000. This beautiful property sits on 6,568 square feet of land and has 4,408 square feet of building space. Built in 1959, the unit mix is comprised of (2) 2-bed / 1-bath and (4) 1-bed / 1-bath units. The parking consists of (5) single-car garages and (1) open space, in addition to an on-site laundry facility for added tenant convenience. With the current rents being over 50% below the market, there is a tremendous amount of rental upside for a new owner.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-07T23:42:31.94. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/116210062
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    2256 San Anseline Ave Long Beach, CA 90815

    • Price: $2,000,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: 21-720048
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,404
    SQFT
    $454
    $/SQFT
    1959
    Built
    Neighborhood:
    Los Altos, X-100
    County:
    Los Angeles
    Area:
    Los Altos, X-100
    Property Description
    Clean 6 unit building in a phenomenal rental location just north of California State University Long Beach, in the Los Altos Area. A high barrier to entry single family home buyer market where the average priced home sells for over $875,000. This beautiful property sits on 6,568 square feet of land and has 4,408 square feet of building space. Built in 1959, the unit mix is comprised of (2) 2-bed / 1-bath and (4) 1-bed / 1-bath units. The parking consists of (5) single-car garages and (1) open space, in addition to an on-site laundry facility for added tenant convenience. With the current rents being over 50% below the market, there is a tremendous amount of rental upside for a new owner.
    Exterior Features

    Lot Size Area 6568 Other Structures None Parking Garage Garage - 1 CarParking Space Total Parking 6

    Interior Features

    Baths Total 6.00 Cooling None Equipment Garbage DisposalRange/OvenRefrigerator Heating Wall Gas

    Property Features

    Assessed Total Value 301841 Gross Income 97140 Gross Operating Income 95197 Like Units1 2 Like Units2 4 Net Operating Income 54350.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 40847 Type Of Units Multi-Family Year Built Source Assessor Zoning Lbr4r

    Listing provided courtesy of Nicholas Petrosian DRE#01462598 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-07T23:42:31.94. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583