$1,093,333 - 63 W 48th Street, Long Beach

  • 1Beds
  • 1Baths
  • 2,177SQ. Feet
  • 0.17Acres

Beautiful LONG BEACH Investment Property- 4.5 CAP at CURRENT RENTS!! Practically NO Deferred Maintenance!! Almost Brand New Complex with a configuration of 4 Spacious one bedroom one bathroom dwellings. Complex is PROFESSIONALLY Landscaped & ALL 4 of the Units are COMPLETELY REMODELED!! ALL New Kitchens, Quartz Countertops & Tile Backsplashes, New Kitchen Cabinets, New Stainless Steel Refrigerators / New Gas Stoves with a Heavy Stainless Steel Range Hood, New LED Lights & Ceiling Fans, New WATERPROOF Flooring, New Bathrooms, New Toilets and New Bathtubs/Showers with New Subway Tile to the Ceiling, New Bathroom Vanities with Quartz Counters and New Sink, New AIR CONDITIONERS!!!, and NEW 2 Flat Panel 55” Ultra High Definition 4K TV’s mounted in the Living Room and in the Bedroom of EACH Unit! We have 8 HD Security cameras throughout the complex ( view on your Phone; you can playback video). There are also 2 ENCLOSED 2 Car Garages that are all Newly Painted with New Garage Door Openers & LED Lights. Each Unit has a KEYLESS Lock that is Programmable (so no more keys for your Tenants!) We also have NEW On-Site laundry steps away from the units. Electricity and gas is individually metered. This property is an IDEAL opportunity to own a straightforward Multifamily investment asset in one of the most desirable parts of the country. The property is walking distance to nearby Excellent Dining, shopping, groceries, parks, and a short drive to schools and beaches!

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:OC18187204
  • Price:$1,093,333
  • Bedrooms:1
  • Bathrooms:1.00
  • Square Footage:2,177
  • Acres:0.17
  • Year Built:1954
  • Type:Residential Income
  • Style:Modern
  • Status:Active

Community Information

  • Address:63 W 48th Street
  • Area:North Long Beach (7)
  • Subdivision:North Long Beach (NLB)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90805

Amenities

  • Parking Spaces:8
  • # of Garages:4

Interior

  • Appliances:Gas Range, Vented Exhaust Fan, Gas Oven, Gas & Electric Dryer Hookup
  • Heating:Wall Heater, Natural Gas
  • Cooling:See Remarks
  • # of Stories:1
  • Stories:One Level

Exterior

  • Lot Description:Landscaped, Desert Front, Sprinklers Drip System, Sprinkler System
  • Windows:Window Blinds
  • Roof:Roll
  • Foundation:Concrete Slab

Additional Information

  • Date Listed:August 2nd, 2018
  • Days on Market:319
  • Zoning:LBR1N

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North Long Beach (nlb)

  • City:
    Long Beach
  • Price Range:
    $469,000 - $1,777,000
  • Current Listings:
    12
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $341
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Provided By: Ryan Oca(01491055), Golden Pacific Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of June 18th, 2019 at 2:30pm CDT. 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.