4121 E Mendez ST, Long Beach, CA 90815 – PW22143719

$1,728,000

$1,599,000

8.1%

Est.Price: ?

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Est. payment -/mo

6,507 Sqft Lot

SOLD DATE : 08/11/2022

Key Details

Sold Price $1,728,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID PW22143719

Sold Date 08/11/22

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1963

Lot Size 6,507 Sqft

Lot Dimensions Assessor

Property Description

Seasoned or First Time Multi-Family Investor's Dream - This is the Perfect Opportunity to add a clean, well-maintained and highly desired 4-plex investment asset in Long Beach, near the Outer Traffic Circle. Large 3-Bedroom/2-Bath front house with its own private yard/courtyard space and own inside laundry hookups and fireplace, along with three more Large 2-Bedroom units (1100sqft, 825sqft & 800sqft) behind and surrounded by the luxuriously pavered community courtyard/open space. Each unit enjoys an assigned private garage with additional upper storage space enclosed. Recently painted, newer dual pane windows and roof, main sewer line replacement, separate on-site community laundry room for the remaining three units, and a recently passed LB fire-inspection. Individually Metered for Electric. Most units have been remodeled over the years. First time on the market in over 22 years. Constructed in the 1960s and includes a bonus owner's storage/workshop area too, along with clean nice secure laundry room with community washer and dryer. Only blocks to Alamitos and Junipero Beaches and in close proximity to CSULB, 2nd & PCH Shopping Center, LB Exchange and Hangar, several Golf Courses, Parks and Public Transit. Entertains frequent requests and inquiries for rental availability. Added Bonus - Unit #4 is currently vacant, clean, renovated and ready for you to occupy or a paying tenant at Close of Escrow. Proforma rents in analysis/estimates.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR34

Interior

Interior Features Ceiling Fan(s), Laminate Counters, Quartz Counters, Recessed Lighting, Unfurnished

Heating Fireplace(s), Radiant

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type Family Room

Fireplace Yes

Appliance Electric Range, Electric Water Heater, Disposal, Range Hood

Laundry Common Area, Inside, Laundry Room, See Remarks, Stacked

Exterior

Garage Garage, Garage Door Opener, Community Structure, Storage, Tandem, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Gated, Park

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Lot Description Near Park, Near Public Transit, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7219008033

Security Features Gated Community,Smoke Detector(s)

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

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

Financing Cash to New Loan,Conventional

Special Listing Condition Standard, Trust

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The Warburton Team Brokered By EXp

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

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Jeffery Loftus • Keller Williams Coastal Prop.
Bought with Daniel Jensen • Jensen Realty

+1(626) 630-2141

andreww@gowpnow.com

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

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