Sq.Ft. Lot6,764
Year1922
The Oriana Shea Group
(562) 270-1775
Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:RS21007856
On Site:50 Days
Lot Size:6,764 Sq. Ft.
County:Los Angeles
Two on one lot in the heart of trendy Rose Park! Built in 1989 and delivered vacant, the large 2,028 square foot 3 Bed / 3 Bath + Den separate townhouse unit presents an incredible opportunity for owner occupants looking for move-in ready or investors looking to lease at market rents. There may be additional upside by converting the downstairs of this unit into a separate ADU. The townhouse features two floors of living space, central AC/Heat, high grade vinyl flooring, dual pane windows. The first floor boasts a den/office, bonus kitchenette, bathroom, access to private patio/backyard and a separate laundry room with an attached garage. The second floor includes a true master suite, two large bedrooms and full bath off the main kitchen. The front house is a 3 Bed / 1 Bath bungalow with newer copper plumbing, updated electrical, a brand-new water heater and rents for $2200/mth. The house also features original wood built-ins & moldings, high grade vinyl throughout, double pane windows and washer/dryer hookups.
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Community Information
Address:1020 Ohio Avenue Long Beach, CA 90804
County:Los Angeles
City:Long Beach
Subdivision:Eastside (Es)
Zip Code:90804
Architecture
Year Built:1922
Stories:One
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit•3 Beds•3 Baths•2 Garages•Unfurnished•$3,500 pro forma
Unit 2: 1 Unit•3 Beds•1 Bath•Unfurnished•$2,200 actual rent•$2,200 total rent•$2,500 pro forma
Roofing: Composition
Basement: All Utilities
Parking: Garage
Garage Spaces: 2
Features / Amenities
Floor Material: Vinyl
Windows: Double Pane Windows
Laundry: Gas Dryer Hookup, Inside, Washer Hookup
Common Walls: No Common Walls
Parking Total: 3
Cooling Type: Central Air
Heating Type: Central
Property Features
Lot Size:
0.16 Acres / 6,764 Sq. Ft.
Lot Dimensions:49 x 137
Lot Features: Back Yard, Level with Street, Lot 6500-9999
Lot Number: 87
Sewer: Public Sewer, Sewer Assessments
Water: Public
Zoning:LBR2N
Directions:Crossstreets: East 10th Street & Ohio Ave
Tax and Financial Info
Tenant Pays: All Utilities
Land Lease: No
Gardener Expense: 600.00
Insurance Expense: 1343.00
Licenses Expense: 350.00
Maintenance Expense: 1500.00
Total Expenses: 18721.00
Gross Annual Income: 68400.00
Gross Operating Income: 68400.00
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1020 Ohio Avenue Long Beach, CA 90804
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Listing provided courtesy of Andrew Mcallister, Nationwide Real Estate Execs.
