4110 E Vermont St - Multi-Family FOR SALE


Long Beach, CA 90814- Belmont Heights
$1,495,000 USD
310-982-7055
4110 E Vermont St, Long Beach, CA for Sale
$1,495,000 USD
Multi-Family - FOR SALE
1/36
null | 3.5% Cap Rate

4110 E Vermont St
Long Beach, CA 90814
Belmont Heights


HIGHLIGHTS

  • Located on a quiet side street in Belmont Heights, one of Long Beach's nicest neighborhoods
  • Directly across the street from Fremont Elementary School, ensuring great rentability for tenants
  • Only minutes from 2nd St Belmont Shore, Alamitos Bay, Naples Island, Wilson High, Cal State LB, and of course the Beach
  • Average household income within 5 miles of over $103,000 (Costar)

OVERVIEW

- Own 2 totally remodeled homes plus RTI plans for a 3rd ADU in the best part of Long Beach and jump start your investment portfolio in one purchase - Nearly 6000 square foot lot with a 3 bedroom, 2 bathroom home in front and a one bedroom, one bathroom home in back with a large 2 car garage plus driveway parking and a huge private back yard - Both homes have been extensively upgraded including new flooring throughout, brand new kitchens and bathrooms with modern finishes, overhead LED lighting, mini-split AC units, tankless water heaters, new plumbing and electrical - Front house has a brand new 240 square foot addition to create a private primary suite plus a den, creating two separate living areas - Shovel ready plans are included with the sale for a 658 square foot 2 bedroom, 2 bathroom ADU in the backyard, allowing for immediate further upside - Live on your own property and collect rent from the other unit for the same net price as condo ownership

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$953 USD /SF

# OF UNITS

2

PRICE/UNIT

$747,500

CAP RATE

3.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4110 E Vermont

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anthony WalkerBuckingham InvestmentsMore Info
310-982-7055

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Anthony WalkerBuckingham InvestmentsMore Info
310-982-7055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.