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332 W 9th Street

Long Beach, CA 90813
  • $1,200,000
  • STATUS: ACTIVE
  • ON SITE: 33 Days
  • ID#: SB24181650
$1,200,000
  • 8
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Historic Willmore District building with upgraded kitchens and baths, walk-in closets, refinished hardwood floors and private laundry facilities in every unit. Separately metered gas and electric meters paid by tenants. State assembly bill 1482 currently allows rent to be increased by the CPI 3.9%+ 5%= 8.9% so there is upside potential on the rental income too! 2 units are under lease and 2 on month to month tenancy. Historic Willmore District building with upgraded kitchens and baths, walk-in closets, refinished hardwood floors and private laundry facilities in every unit. Separately metered gas and electric meters paid by tenants. State assembly bill 1482 currently allows rent to be increased by the CPI 3.9%+ 5%= 8.9% so there is upside potential on the rental income too! 2 units are under lease and 2 on month to month tenancy.

Monthly Payment Calculator

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.redtreerealty.com/homes/154699383
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332 W 9th Street Long Beach, CA 90813

  • Price: $1,200,000
  • Status: ACTIVE
  • On Site: 33 Days
  • ID#: SB24181650
8
Beds
0
Baths
0
½ Baths
0.06
Acres
Neighborhood:
Long Beach (90813)
County:
Los Angeles
Area:
Long Beach (90813)
Property Description
Historic Willmore District building with upgraded kitchens and baths, walk-in closets, refinished hardwood floors and private laundry facilities in every unit. Separately metered gas and electric meters paid by tenants. State assembly bill 1482 currently allows rent to be increased by the CPI 3.9%+ 5%= 8.9% so there is upside potential on the rental income too! 2 units are under lease and 2 on month to month tenancy. Historic Willmore District building with upgraded kitchens and baths, walk-in closets, refinished hardwood floors and private laundry facilities in every unit. Separately metered gas and electric meters paid by tenants. State assembly bill 1482 currently allows rent to be increased by the CPI 3.9%+ 5%= 8.9% so there is upside potential on the rental income too! 2 units are under lease and 2 on month to month tenancy.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Cooling N/K Heat Source Natural Gas 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

Annual Expense Actual 5637 Assessments N/K Buildings 1 Cfd Mello Roos Fee 789.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.8 Gross Scheduled Income Actual 87240 Monthly Total Fees 65 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 1700.0 Unit2 Rent Actual 1780.0 Unit3 Rent Actual 1895.0 Unit4 Rent Actual 1895.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Ronald Werner of Vista Sotheby’s International Realty: 310-614-4027. 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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