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21 W Arbor Street

Long Beach, CA 90805
  • $1,250,000
  • STATUS: ACTIVE
  • ON SITE: 12 Days
  • ID#: PW24197551
UPDATED: 26 min ago
$1,250,000
  • 8
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to 21 W Arbor, a updated 4-unit property, featuring spacious 2-bedroom, 1-bath units, each offering 928 square feet of living space. This beautifully maintained building offers two units on the ground level and two units upstairs, each fully remodeled with modern, cohesive finishes throughout. The updates include brand-new windows, fresh exterior and interior paint, and matching kitchen cabinetry, countertops, flooring, light fixtures, and door hardware in every unit, creating a sleek and unified aesthetic. The property features a long driveway leading to ample parking in the rear and convenient on-site community laundry. Tucked away in a quiet area, this property offers a peaceful setting while remaining accessible to local amenities. With one unit delivered vacant at the close of escrow, this is an ideal opportunity for both investors and potential owner-occupants alike. Welcome to 21 W Arbor, a updated 4-unit property, featuring spacious 2-bedroom, 1-bath units, each offering 928 square feet of living space. This beautifully maintained building offers two units on the ground level and two units upstairs, each fully remodeled with modern, cohesive finishes throughout. The updates include brand-new windows, fresh exterior and interior paint, and matching kitchen cabinetry, countertops, flooring, light fixtures, and door hardware in every unit, creating a sleek and unified aesthetic. The property features a long driveway leading to ample parking in the rear and convenient on-site community laundry. Tucked away in a quiet area, this property offers a peaceful setting while remaining accessible to local amenities. With one unit delivered vacant at the close of escrow, this is an ideal opportunity for both investors and potential owner-occupants alike.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/155726822
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21 W Arbor Street Long Beach, CA 90805

  • Price: $1,250,000
  • Status: ACTIVE
  • On Site: 12 Days
  • Updated: 26 min ago
  • ID#: PW24197551
8
Beds
0
Baths
0
½ Baths
0.12
Acres
Neighborhood:
Long Beach (90805)
County:
Los Angeles
Area:
Long Beach (90805)
Property Description
Welcome to 21 W Arbor, a updated 4-unit property, featuring spacious 2-bedroom, 1-bath units, each offering 928 square feet of living space. This beautifully maintained building offers two units on the ground level and two units upstairs, each fully remodeled with modern, cohesive finishes throughout. The updates include brand-new windows, fresh exterior and interior paint, and matching kitchen cabinetry, countertops, flooring, light fixtures, and door hardware in every unit, creating a sleek and unified aesthetic. The property features a long driveway leading to ample parking in the rear and convenient on-site community laundry. Tucked away in a quiet area, this property offers a peaceful setting while remaining accessible to local amenities. With one unit delivered vacant at the close of escrow, this is an ideal opportunity for both investors and potential owner-occupants alike. Welcome to 21 W Arbor, a updated 4-unit property, featuring spacious 2-bedroom, 1-bath units, each offering 928 square feet of living space. This beautifully maintained building offers two units on the ground level and two units upstairs, each fully remodeled with modern, cohesive finishes throughout. The updates include brand-new windows, fresh exterior and interior paint, and matching kitchen cabinetry, countertops, flooring, light fixtures, and door hardware in every unit, creating a sleek and unified aesthetic. The property features a long driveway leading to ample parking in the rear and convenient on-site community laundry. Tucked away in a quiet area, this property offers a peaceful setting while remaining accessible to local amenities. With one unit delivered vacant at the close of escrow, this is an ideal opportunity for both investors and potential owner-occupants alike.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Curbs

Interior Features

Cooling Wall/Window Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 4 Units With Refrigerators 4

Property Features

Actual Cap Rate 5.17 Annual Expense Actual 20018 Buildings 1 Cfd Mello Roos Fee 908.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.53 Gross Scheduled Income Actual 92400 Home Owners Fees 0.0 Monthly Total Fees 75 Possession Close of Escrow Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2000.0 Unit2 Rent Actual 2000.0 Unit3 Rent Actual 1700.0 Unit4 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Juan Huizar of Sage Real Estate: 562-307-0838. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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