2503 Santa Fe Avenue, Long Beach (90810)
$1,899,000
0 
0
3,265
PROPERTY DETAILS
| Address: |
view address Long Beach, CA 90810 Map Location |
Features: | Garage |
|---|---|---|---|
| Square Feet: | 3,265 sq.ft. | Lot Size: | 0.19 acres |
| Year Built: | 1961 | Property Type: | Mixed Use |
| Neighborhood: | Westside/South Of Willow (Wsw) | County: | Los Angeles |
| List Date: | 2024-04-17 | Listing Number: | PW24076968 |
| Listed By: | Jocelyn Thav, Broker | Listing Office: | 562-787-3243 |
PROPERTY DESCRIPTION
A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs.The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810.This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area.
Contact Buyer Agent
Exterior
| Garage Size: | 2.00 | Parking Spaces: | 2.00 |
Property and Lot Details
| Corner Lot: | Yes | Lot Acres: | 0.19 |
| Lot Number: | 31.00 | Lot Sqft: | 8,485.00 |
| Public Sewer: | Yes | Public Water: | Yes |
| Subdivision: | Westside/South of Willow (WSW) | Taxes: | 7,187.00 |
| Transaction Type: | Sale | Year Built: | 1961 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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