Long Beach, CA 90805,320 E Hullett ST
Long Beach, CA 90805,320 E Hullett ST
Long Beach, CA 90805,320 E Hullett ST
Long Beach, CA 90805,320 E Hullett ST
Long Beach, CA 90805,320 E Hullett ST
Long Beach, CA 90805,320 E Hullett ST
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$1,189,000

$1,189,000

Est.Price: ?

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Est. payment /mo

5,662 Sqft Lot


SOLD DATE : 11/30/2020

Key Details

Sold Price $1,189,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID TR20196615

Sold Date 11/30/20

HOA Y/N No

Year Built 1962

Lot Size 5,662 Sqft

Property Description

Fantastic large 4-plex priced to sell. Located in a high rental neighborhood of Long Beach. Units are very spacious and consist of (1) 3br/2ba and (3) 2br/1ba with over 4100 sf of living space. Extensive renovations on select units including new cabinets, quartz countertops, bathtub, vinyl wood floors, fixtures, windows, and paint. Exterior has been completely repainted with modern make overs. Units are all individually metered for gas and electric with separate new water heaters. Tremendous rental upside with opportunity for 30% rental growth to achieve market rents. A 2br/1ba fully renovated unit on the upstairs has an opportunity for owner occupied. This will allow the next owner an opportunity to live in one unit and manage the others, or they could just lease the unit at full market rent. The rear has a gated 4 car open parking garage and each unit has their own storage rooms. There is an onsite laundry room currently not being used, which the next owner can re-open for additional income. Property is conveniently located near schools, colleges, shopping, downtown, and minutes away from the 91 freeway. This is an amazing investment opportunity you don't want to miss.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR1N

Interior

Heating Wall Furnace

Flooring Laminate, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Electric Range, Water Heater

Laundry Common Area

Exterior

Fence Wrought Iron

Pool None

Community Features Curbs, Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Private Pool No

Building

Lot Description 2-5 Units/Acre, Front Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7125031005

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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California Regional MLS (CRMLS)
Listed by Tim Lam • Showcase Properties
Bought with Huok Lo • Starburst Realty
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