$1,795,000
$1,795,000
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6,365 SqFt
SOLD DATE : 05/19/2020
Key Details
Sold Price $1,795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,365 sqft
Price per Sqft $282
Subdivision Willmore District (Wm)
MLS Listing ID PW20074969
Sold Date 05/19/20
HOA Y/N No
Year Built 1929
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
219 W 9th Street is an 8-unit investment asset on a desirable corner lot in the rapidly developing Willmore City Historic District of Downtown Long Beach with +/- 37% rental upside potential. The property features an attractive mix of junior one-bedroom, one-bedroom and three-bedroom units; five of the eight units were built in 1983. The site is overparked with eight parking spaces and seven garages. It is separately metered for gas and electric and has an on-site security camera system.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCO
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Urban
Total Parking Spaces 15
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7272012017
Energy Description 750.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with John Alden • Alden Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "