$1,775,000
$1,875,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
6,499 Sqft Lot
SOLD DATE : 01/11/2022
Key Details
Sold Price $1,775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Circle (Ca)
MLS Listing ID PW21186034
Sold Date 01/11/22
HOA Y/N No
Year Built 1963
Lot Size 6,499 Sqft
Property Description
4117 E Mendez is in a prime location and is the ideal student housing opportunity for CSU Long Beach students. Eliminate the stress of whether tenants are going to pay rent, as student housing rents are typically guaranteed by parents. Located just 5 minutes from CSULB and near the Traffic Circle, with a plethora of restaurants and supermarkets to choose from, this property is in a perfect location for any investor. With large units and an awesome unit mix of one large 3 Bedroom /2 Bath unit, one 2 Bedroom /2 Bath unit, and two 2 Bedroom/ 1 Bath units each with their own garage, this property appeals to a wide range of tenants. As an added bonus, the best part is that you get to set the new rents with THREE units to be delivered vacant at close of escrow.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR34
Interior
Fireplaces Type FamilyRoom
Fireplace Yes
Laundry Inside
Exterior
Parking Features Garage, Paved, GarageFacesRear
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Biking, Curbs, Park, StormDrains, StreetLights, Sidewalks
Utilities Available CableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, UndergroundUtilities, WaterConnected
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Item01UnitAcre
Story 1
Entry Level Two
Sewer PublicSewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7219008034
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Shanelle Tolosa • Proper Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "