Skip To Content

    4321 E Division St

    Long Beach, CA 90803
    • $1,925,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 21-725856
    New On Site 4 Days Ago
    UPDATED: 39 min ago
    $1,925,000
    • 7
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,804
      SQFT
    • $506
      $/SQFT
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Pleased to present an opportunity to acquire a 7-Unit building that is situated on a 4,730 square foot lot located in the city Long Beach, CA. The property is composed of (1) 2-bedroom/1-bath, (5) 1-bedroom/1-bathroom & (1) Studio unit (the studio unit is non-conforming). Property was constructed in 1955. Public transportation, schools, support facilities and employment centers are all in close proximity. The property is located approximately 2 blocks from the Pacific Ocean and about 1 block southwest of 2nd Street. On Ximeno Avenue there are 3-single car garages which are all rented out to current tenants. The property also has a washer & dryer. Each unit is individually metered for gas & electric. There is one water meter on the property which the tenants pay for. Two central water heaters & window mounted A/C units are located on the property.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T06:43:20.483. 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/116703299
    Print Image

    4321 E Division St Long Beach, CA 90803

    • Price: $1,925,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 21-725856
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,804
    SQFT
    $506
    $/SQFT
    1955
    Built
    Neighborhood:
    Belmont Shore, Belmont Park, Naples
    County:
    Los Angeles
    Area:
    Belmont Shore, Belmont Park, Naples
    Property Description
    Pleased to present an opportunity to acquire a 7-Unit building that is situated on a 4,730 square foot lot located in the city Long Beach, CA. The property is composed of (1) 2-bedroom/1-bath, (5) 1-bedroom/1-bathroom & (1) Studio unit (the studio unit is non-conforming). Property was constructed in 1955. Public transportation, schools, support facilities and employment centers are all in close proximity. The property is located approximately 2 blocks from the Pacific Ocean and about 1 block southwest of 2nd Street. On Ximeno Avenue there are 3-single car garages which are all rented out to current tenants. The property also has a washer & dryer. Each unit is individually metered for gas & electric. There is one water meter on the property which the tenants pay for. Two central water heaters & window mounted A/C units are located on the property.
    Exterior Features

    Lot Size Area 4730 Other Structures None Parking Garage Garage - 1 CarOn Street Total Parking 3

    Interior Features

    Baths Total 7.00 Common Walls Attached Cooling Window Unit(S) Equipment DryerWasher Heating None

    Property Features

    Assessed Total Value 945089 Gross Income 125316 Gross Operating Income 119050 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 78714.00 Number Of Buildings 2 Number Of Units 7 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityGasWaterTrash Collection Total Annual Expense 40336 Type Of Units Income Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lbr4r

    Listing provided courtesy of John Mccann DRE#01963932 of Lyon Stahl Investment Real Estate, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T06:43:20.483. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-725856-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-725856-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-725856-2.jpg
    Logo
    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583