Property Type:Residential Income (Multi-Family)
On Site:50 Days
Lot Size:6,764 Sq. Ft.
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.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:1020 Ohio Avenue Long Beach, CA 90804
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
Basement: All Utilities
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
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
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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Listing provided courtesy of Andrew Mcallister, Nationwide Real Estate Execs.
Based on information from California Regional Multiple Listing Service, Inc. as of March 4, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.