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Key Details
Sold Price $1,625,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,534 sqft
Price per Sqft $293
Subdivision Wrigley Area (Wr)
MLS Listing ID OC16182710
Sold Date 01/19/17
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1964
Annual Tax Amount $8,981
Tax Year 2015
Property Description
This is a truly unique opportunity to own an income-producing asset that you can be proud to have in your portfolio. A different standard of quality in design, construction, and management than anything you have seen in the City of Long Beach. The entire building was completely gutted and re-imagined with a clean, modern flair, then re-constructed with painstaking care and true craftsmanship. All rents are ACTUAL, residents were screened to a rigorous standard for credit, employment, and payment history and signed to a minimum lease term of 1 year. Features including drought-tolerant landscaping with drip irrigation, tankless house water heater, new CA Energy Code compliant windows and LED lighting throughout demonstrate a commitment to energy efficiency and low-maintenance. Separately metered for gas & electricity, 8 on-site parking spaces, laundry room with (2) coin-operated washers & dryers, irrigation & exterior lighting on timers.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBPD29
Rooms
Ensuite Laundry CommonArea, WasherHookup, GasDryerHookup, Inside, LaundryRoom, Stacked
Interior
Interior Features StoneCounters, WiredforData
Laundry Location CommonArea,WasherHookup,GasDryerHookup,Inside,LaundryRoom,Stacked
Heating WallFurnace
Cooling None
Flooring Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance ElectricRange, Disposal, GasWaterHeater, Refrigerator, RangeHood, VentedExhaustFan
Laundry CommonArea, WasherHookup, GasDryerHookup, Inside, LaundryRoom, Stacked
Exterior
Garage Assigned, Concrete, DoorMulti, DoorSingle, GarageFacesFront, Garage, OnSite, CommunityStructure, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, StormDrains, StreetLights, Suburban, Sidewalks, Urban, Gated
Utilities Available CableAvailable, NaturalGasAvailable, SewerConnected
Accessibility None
Parking Type Assigned, Concrete, DoorMulti, DoorSingle, GarageFacesFront, Garage, OnSite, CommunityStructure, Uncovered
Total Parking Spaces 8
Private Pool No
Building
Lot Description Item610UnitsAcre, Garden, NearPublicTransit
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Modern
Level or Stories Two
Construction Status UpdatedRemodeled
Others
Senior Community No
Tax ID 7208014018
Security Features CarbonMonoxideDetectors,FireRatedDrywall,GatedCommunity,SmokeDetectors,SecurityLights
Acceptable Financing Cash, CashtoNewLoan, Conventional, Submit
Listing Terms Cash, CashtoNewLoan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with VICTOR MENDIOLA • INTERO REAL ESTATE SERVICES