CA > Long Beach > Willmore District (Wm)
Long Beach, CA 90813,424 W 9th ST
Long Beach, CA 90813,424 W 9th ST
Long Beach, CA 90813,424 W 9th ST
Long Beach, CA 90813,424 W 9th ST
Long Beach, CA 90813,424 W 9th ST
Long Beach, CA 90813,424 W 9th ST
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$1,577,000

$1,550,000

1.7%
Est.Price: ?

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Est. payment /mo

4,107 Sqft Lot

SOLD DATE : 07/21/2022

Key Details

Sold Price $1,577,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID SB22093595

Sold Date 07/21/22

HOA Y/N No

Year Built 1921

Lot Size 4,107 Sqft

Property Description

424 W 9th St is located in the Heart of Downtown Long Beach, this is a great opportunity to own an 8 unit property with stable income and at least 10% upside in rents. The surrounding area is currently being heavily developed with an estimated $3.5 billion currently under construction. This is a great opportunity to own near the historic Willmore District with a fresh look to appeal to the young professionals flooding to Downtown's hip revival. 424 9th St comes with a mixture of hardwood floors, high ceilings, a sun-deck, granite countertops, and vintage built-in cabinets. The property consists of 2 buildings on a grassy 4,105 sq ft lot with (5) 1-bed/1-bath units and (3) studios.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7272015016

Energy Description 1600.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
Bought with Vincent Cook • Kidder Mathews of California, Inc
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+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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