Long Beach, CA 90805,494 496 E Sunset ST
Long Beach, CA 90805,494 496 E Sunset ST
Long Beach, CA 90805,494 496 E Sunset ST
Long Beach, CA 90805,494 496 E Sunset ST
Long Beach, CA 90805,494 496 E Sunset ST
Long Beach, CA 90805,494 496 E Sunset ST
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$716,666

$825,000

13.1%
Est.Price: ?

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Est. payment /mo

6,886 Sqft Lot


SOLD DATE : 02/08/2024

Key Details

Sold Price $716,666

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID PW23211575

Sold Date 02/08/24

HOA Y/N No

Year Built 1954

Lot Size 6,886 Sqft

Property Description

494-496 E Sunset St is an excellent investment opportunity tucked away in a quiet neighborhood corner of North Long Beach. This is a unique opportunity to own two identical duplexes on adjacent lots. The property consists of four 1bd/1ba units with ample parking and a 2-car garage in the back that provides ADU potential*, and the asset offers rental upside of +/- 12%. Just a short drive from the numerous grocery stores and vast selection of restaurants lining Atlantic Blvd., and a straight shot to the 710 and 91-Freeway junction, 494-496 E Sunset offers a fantastic level of convenience to its tenants. This property is listed separately but offers a unique opportunity to acquire 6 total units with the addition of the duplex at 491-491 ½ E 51st St that backs up to the property.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR1N

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7130011015

Energy Description 750.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica • 310-463-2916
Bought with Robert Stepp • Keller Williams - Santa Monica
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