$765,000
$750,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
918 Maine AVE Long Beach, CA 90813
7,535 Sqft Lot
Key Details
Sold Price $765,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Drake Park (Dp)
MLS Listing ID PW14107182
Sold Date 07/30/14
HOA Y/N No
Year Built 1923
Tax Year 2013
Lot Size 7,535 Sqft
Property Description
Well maintained 8 unit courtyard apartment building across the street and view of Drake Park in downtown area. Address #'s on front of building are 918 - 924 Maine St. Separate meters both Gas & Electric. Most kitchens have upgraded cabinets with granite counter tops. Unit mix consists of 6-(1 Br's), 2-(Studios), and 5-(Garages). Rents are below market due to long time, out of area owner and long term tenants. Lower 6 units have separate water shut-offs and sewer clean-outs for ease of maintenance. Some of the non-fixed expenses are estimates. Market rents make this 9.5X's Gross. See attached supplements for unit breakdown, floor plans, and "lead-safe" registry (see page 7) and Clearance Exam.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Flooring Carpet
Fireplace No
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Sewer Connected
View Y/N Yes
View Park/Greenbelt
Roof Type Composition
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Water Public
Architectural Style Craftsman
Level or Stories Two
Others
Senior Community No
Tax ID 7271021036
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Joe Lightman • Star Real Estate