$899,000
$925,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2820 E 70th ST Long Beach, CA 90805
9,147 Sqft Lot
Key Details
Sold Price $899,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lakewood Village (Lkvl)
MLS Listing ID TR20180855
Sold Date 01/28/21
HOA Y/N No
Year Built 1921
Lot Size 9,147 Sqft
Property Description
Amazing opportunity to own a 2-story duplex townhouse style featuring (1) 3-Bedroom/2-Bath downstairs unit and (1) 3-Bedroom/1.5-Bathroom upstairs unit, for a total living area of 2,496 sqft. Situated on a large 9,186 sqft lot, there is an abundance of parking between the (2) 2-car garages, driveway and additional uncovered parking space to possibly adding an ADU. The units are well-maintained with minor updates and recent painting. Each unit features its own water heater, Central AC & Heating, as well as individual metering for gas & electric. There are W/ D hookups in each unit and the current owner also recently installed brand new white perimeter fencing. With great in-place income and rental upside rent potential, this is an excellent opportunity for an owner-user and investor alike to acquire an investment property in one of the most rapidly developing cities in Los Angeles.
Location
State CA
County Los Angeles
Area 29 - Lakewood Village
Zoning LBR2N
Interior
Fireplace No
Laundry Inside, See Remarks
Exterior
Garage Asphalt, Concrete, Direct Access, Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Excellent Condition
Pool None
Community Features Gutter(s), Street Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Garden
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7113010028
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Ivan Lomeli • Ultra Realty Group