230 Euclid Avenue, Long Beach, CA 90803

$1,925,000
Sold Price
$1,925,000
List Price
$1,898,000
Closing Date
Jan 22, 2021
Status
CLOSED
MLS#
OC20223694
Year Built
1932
Lot Size
6,522
Acres
0.15
Lot Location
Back Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Yard
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Belmont Heights Classic Spanish 4 Unit. 2 spacious 2 BR, 1.5 BA w/large LR, DR. 2 units of 1 BR. Property exudes Pride of ownership. Exquisitely maintained & manicured lush landscaping. Original hardwood floors throughout, gorgeous window treatments, updated granite kitchen counters in 3 units. Front Bldg has new electric panel, 220 wiring, new copper plumbing. Owners' has new FAH, upgraded appliances, Soapstone counters, new cabinetry, built in breakfast table and benches plus private patio space for outdoor entertaining. All units have charming original Batchelder Tile around Faux fireplaces. Seismic retrofitting and bolted done in both. Exterior was recently painted in rich classic Spanish colors. Unit C is AIRBNB w/high income. Long term quests return for additional visits. Resident buyers may offer this lucrative activity providing owner occupies 1 unit. Owners retain 2 garages & parking landing for personal use; 2 garages are included in rent. Community laundry on premises for use of AIRBNB guests & tenants Seller will leave washer dryer. Very low rents for this quality building. Great upward potential. Long term tenants. A VERY SPECIAL BUILDING OF EXCEPTIONAL BEAUTY. Walk to the ocean and trendy Belmont Shore with all its services, upscale supermarkets plus 2nd & PCH with great shops and fine dining. A rare opportunity to live and invest in an exceptional and artistic building of architectural beauty.

Additional Information

Appliances
Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Water To Refrigerator
Pool Description
None
Fireplace Description
Decorative
Heat
Forced Air, Floor Furnace, Fireplace(s), Gravity, Wall Furnace
Cooling Description
None
View
Neighborhood
Exterior Construction
Plaster
Roof
Tar/Gravel, Tile
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Ceramic Counters, Granite Counters, Multiple Staircases, Stone Counters, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$76,872
Operating Expense
23909

Listing courtesy of Listing Agent: Silvana Raiola (silvanaraiola@yahoo.com) from Listing Office: Landmark Realtors.

Listing sold by Ryan Gonzalez from Marcus & Millichap

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.