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$ 1,249,000
Est. payment | /mo
7 Beds
4 Baths
6,334 Sqft Lot
$ 1,249,000
Est. payment | /mo
7 Beds
4 Baths
6,334 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Westside/North Of Willow (Wnw)
MLS Listing ID SB26112414
Bedrooms 7
Lot Size 6,334 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces plus a bonus flex unit, offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is difficult to find. Property has an assumable loan at 2.5 percent interest rate.Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lease at market rents, or customize the property to fit a variety of living and investment strategies. The newly built ADUs provide modern appeal and strong income potential. Conveniently located near restaurants, Silverado Park, freeways, public transportation, and nearby bus stops. Locat
Location
State CA
County Los Angeles
Zoning Assessor
Direction North on Sante fe ave, right on 31st st
Interior
Heating Zoned Areas
Cooling Wall/Window, Zoned Area(s)
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7312028005
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by John Hernandez-Ball, DRE#01966011 Keller Williams Realty
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