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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$955,000

Est. payment - /mo

6,908 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25048265

HOA Y/N No

Year Built 1911

Lot Size 6,908 Sqft

Property Sub-Type Mixed Use

Property Description

THIS IS A MIX-USE (RMU4 A-Series), consisting of front commercial (1329 Atlantic-currently used as Hair Salon) and recently renovated CRAFTSMAN 4 bedroom, 2 bath home (County shows 3 bedrooms) at the rear (1331 Atlantic). Steps from transportation, shopping, St. Mary's hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. Plenty of off street parking

House has newer roof, double pane windows, kitchen with quartz countertop, W/D included, newer central furnace, fully fenced, plus many other upgrades. One bedroom has a separate entry and can be used as an office or….
Commercial can be converted to an ADU. Per City, a secondary ADU is also permissible.
NOT SUBJECT TO RENT CONTROL.

DO NOT DISTURB TENANTS

Buyer to investigate other uses such as redevelopment, student/elderly housing, etc.. Fireplace not functional. Commercial unit has Ductless AC.

BONUS 1: Oil and gas royalties are included in the sale.
BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for unrestricted density of up to 5 stories + ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City.

See also: OC25046753, OC25048259

The information provided here is deemed reliable but is not guaranteed. Buyer is advised to independently verify any and all information related to the property. Owner/Agent

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBCO

Interior

Heating Forced Air, Heat Pump

Cooling See Remarks

Flooring Laminate, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Oven

Laundry In Kitchen

Exterior

Parking Features Asphalt, Concrete, See Remarks

Fence Wood, Wire

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks

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

View Y/N No

View None

Roof Type Flat,Shingle

Private Pool No

Building

Lot Description Level, Rectangular Lot

Story 1

Sewer Public Sewer

Water Private

Architectural Style Craftsman

New Construction No

Others

Senior Community No

Tax ID 7269029014

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Khosrow Shirzad Khosrow Shirzad, Broker kshirzad@yahoo.com, DRE #01061078

NEARBY SCHOOL & BUSINESS

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1331 Atlantic AVE Long Beach, CA 90813