$1,495,000 - 4018 E Vermont Street, Long Beach

  • 0Beds
  • Baths
  • 0SQ. Feet
  • 0.15Acres

Great mix, large units, low overhead (owner only pays water, sewer, minor gardening -all drought resistant) excellent parking and common area. With one vacancy currently, and no rent increases for over a year, this will be operate at market rents asap w GRM 14.48x, $8600 per month Current GRM 17.4x. The perfect opportunity in Prime Belmont Heights for owner occupant or Investor. Currently 2/1.5 Cottage and 2 attached units w 1/1 and 3/3 (includes garage) or easily covert to 2 2/2s, or a 4 bd home.. A premium location across from the elementary school offering a steady renter pool. This is turnkey well maintained asset with separate utilities and water heaters, private laundries in each unit, a 1.5 car garage, 4-6 car parking, common courtyard for bbq, gazebo, and a variety of improvements to roof, foundations, windows, kitchens and bathrooms, electric lights breakers, copper plumbing, etc. LIVE in one unit or detached rear home w private yard, forced air heat and parking, while rent from the duplex pays the expenses and mortgage. Proforma is based on market rents.

Sales Agent

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

Essential Information

  • MLS® #:PW22134991
  • Price:$1,495,000
  • Bathrooms:0.00
  • Acres:0.15
  • Year Built:1922
  • Type:Residential Income
  • Sub-Type:Triplex
  • Status:Active

Community Information

  • Address:4018 E Vermont Street
  • Area:2 - Belmont Heights, Alamitos Heights
  • Subdivision:Belmont Heights (BH)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90814

Amenities

  • Parking Spaces:5
  • Parking:Driveway, Garage
  • # of Garages:1
  • Garages:Driveway, Garage
  • Pool:None

Interior

  • Heating:Floor Furnace
  • Stories:Two

Exterior

  • Lot Description:Back Yard

Additional Information

  • Date Listed:June 9th, 2022
  • Days on Market:45
  • HOA Fees:0.00

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Other (othr)

  • City:
    Long Beach
  • Price Range:
    $680,000 - $2,000,000
  • Current Listings:
    12
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $

Alamitos Beach (ab)

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Provided By: Michael Roland, Coldwell Banker Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of August 12th, 2022 at 12:49pm 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.