Long Beach, CA 90804,1077 Euclid AVE

$939,000

$939,000

Est.Price: ?

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Est. payment /mo

4,158 SqFt


SOLD DATE : 01/29/2014

Key Details

Sold Price $939,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,158 sqft

Price per Sqft $225

Subdivision Eastside (Es)

MLS Listing ID PW13231972

Sold Date 01/29/14

HOA Y/N No

Year Built 1968

Tax Year 2012

Lot Size 6,403 Sqft

Acres 0.147

Property Description

This fourplex is located in the Circle area of Long Beach, only several blocks from Recreation Park & Golf Course, Community Hospital and Wilson High School. This street does not get a lot of through traffic and is very quiet as this section of Euclid angles to Grand, because of the Greenbelt, before hitting 10th. There is a community garden at the greenbelt. The property has one 3BR, 2BA unit in front with a fireplace plus three 2BR, 1BA units, 5 garages and a community laundry. Rents are close to market with the exception of one very long term tenant who is well below market rent and is due for a generous increase. The property shows good cash flow with 25% down (about $1,575 PI). For for an owner occupant with 20% down, their estimated cost to live in the 3BR unit would be about $625/mo PI (4.5% APR). Call for details. Drive by, subject to inspection.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Fireplace No

Exterior

Garage Assigned

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features StreetLights, Sidewalks

Utilities Available SewerConnected, OverheadUtilities

Parking Type Assigned

Total Parking Spaces 8

Private Pool No

Building

Lot Description Yard

Story 2

Entry Level Two

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 7254012025

Acceptable Financing Cash, CashtoNewLoan, Submit

Listing Terms Cash, CashtoNewLoan, Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cheryl Cotton • Keller Williams Pacific Estat
Bought with Beverly Marks • Prudential California Realty
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