$975,000

2296 Euclid Avenue

Long Beach CA, 90815

Description

Potential to make over $109,000 gross income a year; great investment opportunity knocks! The building plan to make this duplex a 4-unit is already submitted to the city, anticipating the approval. One additional unit will feature 2-bedroom 1-bathroom, with potential rent at $2,500 per month. The other additional unit has 1-bedroom, 1-bathroom, with potential rent at $2,000 per month. The duplex is recently upgraded with 2 bedrooms 1 bathroom in each unit, current prorated rent at $2,500 a month for each unit. A laundry room with coin washer/dryer on property brings in additional income. Each unit has newer flooring and newer paint throughout. The kitchen in each unit has quartz counter top and has plenty of space for cooking. It also features stainless kitchen appliances including stovetop, microwave hood combo, and dish washer. All bedrooms have ceiling fans. The spacious bathrooms feature all newer vanity and shower. Each unit has its own private entrance and space to add washer, dryer hook-up. The property is located in a quiet residential neighborhood with a large grassy shaded front yard, features that are attractive to your future tenants. Don't miss this property that can generate a handsome income.

Details

MLS#PW20261990
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1945
Days On Site35

Features

SQ Feet1,536
Garage2
Acreage0.16
Water FrontNo
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Area Information
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90815
Area35 - Artcraft Manor
Community NameArtcraft Manor (AM)
Listing VS Median (in Artcraft Manor (AM))
Price:
$975,000
low | high
Med:
$807,500
67.179487179487% of Average
SqFt:
1,536
low | high
Med:
1,221
70.540364583333% of Average
$ / SqFt:
$635
low | high
Med:
$671
44.295792605185% of Average
On Site:
35
low | high
Med:
19.500000
100% of Average
Listing Updated: January 24, 2021 1:50:26 PM PST
Minhua Gu LogoMLS Number: PW20261990
Listing Provided By:
Minhua Gu  of  Movoto Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.