Address
127 E 49th Street Long Beach, CA
Price
$ 2,500,000
Property Attributes
  • MLS#PW21064436
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaNorth Long Beach
  • NeighborhoodNorth Long Beach
  • Zip90805
  • Style
  • Price$ 2,500,000
  • Bedrooms10
  • Full Bathrooms9
  • Half Bathrooms0
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Audrey Flemmings with Nationwide Real Estate Execs.
Data Source:
CRMLS
Property Description

HUGE PRICE CHANGE!!! 127 East 49th. Street is very well maintained assets consisting of 4 Units on a huge parcel in North Long Beach. Right on the Tip Of Bixby Knolls. This Property Boasts 4 separate houses on the same lot. Each houses comes equipped with their own 2 car garage Plus tons of off garage parking. The Property is well-located near the prestigious Virginia Country Club. Where the average household income exceeds over a $110,000 Annually. Also is conveniently located to nearby grocery store, fine dining, churches, schools and Parks. The Complex itself is fully gated for Tenants privacy. although each units comes with a 2 car garage.The paved hardscape and extra big lot, provides the Tenants with additional parking, and enough space for entertainment. There is a 5th Building on the property that could be easily converted in a ADU for additional income. Current Owners just use this space as storage. Not to mention the extra large lot provides room to build more potential units. Investors this is one you cannot afford to miss.

Price History
3/29/2021 Listed $3,495,999
4/21/2021 18% - $2,900,000
5/12/2021 14% - $2,500,000

General Features

Community Features Sidewalks
Cooling None
Flooring Tile
Garage Spaces 10
Garage Y/N Yes
Heating Wall Furnace
Interior Features All Bedrooms Down
Listing Agent Audrey Flemmings - BRE#01299040
Listing Agent State License 01299040
MLS Area 7 - North Long Beach
Open Parking Spaces 10
Pool Features None
Property Type Residential Income
Rooms Bedroom
Sewer Public Sewer
Special Listing Conditions Standard
Subdivision Name North Long Beach (NLB)
Terms Cash, Conventional, Submit
Total Units 4
Zoning LBR3T

Interior Features

Common Walls No Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Inside, In Kitchen, See Remarks

Exterior Features

Lot Features 21-25 Units/Acre
Lot Size Acres 0.52
Lot Size Area 22681
Lot Size Source Assessor
Lot Size Square Feet 22681
Lot Size Units Square Feet
Number of Buildings 4
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 4
Total Parking 20
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90805

Price
AVG $1.27M
$2.5M
Visits
AVG 98
141
Year Built
AVG 1950
2004
Walkscore
AVG 74
80
Data Provided by Walkscore ® not using MLS data

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