Long Beach, CA 90805,136 W 53rd ST

$910,000

Est. payment /mo

$979,000

7.0%
Est.Price: ?

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136 W 53rd ST Long Beach, CA 90805

1,856 SqFt

SOLD DATE : 10/26/2023

Key Details

Sold Price $910,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $490

Subdivision Bixby Knolls (Bk)

MLS Listing ID PW23091917

Sold Date 10/26/23

HOA Y/N No

Year Built 1977

Lot Size 5,222 Sqft

Acres 0.1199

Property Description

What a cozy duplex in Long Beach! Both units are exquisitely remodeled and identical to each other. This property is ideal for an owner-user looking to live in and rent out the other (actual rent $2,400). With the total current rent of $4,700 per month or well above 4% cap rate, it is also an excellent fit for a value-add investor. Each unit has 2/1.5, laundry hookup and their own private outdoor space for tenants’ use. Ample 6 parking spaces with (3) one-car garages and plenty of off-street parking. This duplex home is undemanding to maintain and conveniently located with very easy access to 710, 405 and 91. Quiet neighborhood and walk to LA River Trail and bike path. Must see for anyone interested in the thriving city of Long Beach real estate. Drive by only. Please do not disturb the long term tenants. For the owner-user buyer, the back unit will be delivered free to move in before closing.

Location

State CA

County Los Angeles

Area 6 - Bixby, Bixby Knolls, Los Cerritos

Zoning LBR1N

Rooms

Other Rooms Second Garage

Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Interior

Interior Features Balcony, Ceiling Fan(s), Stone Counters, All Bedrooms Up, Walk-In Closet(s)

Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Heating Ductless, Wall Furnace

Cooling Ductless, Wall/Window Unit(s)

Flooring Carpet, Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Assigned, Driveway Up Slope From Street, Garage Faces Front

Garage Spaces 3.0

Garage Description 3.0

Fence Average Condition

Pool None

Community Features Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Accessibility Safe Emergency Egress from Home, Accessible Doors

Parking Type Assigned, Driveway Up Slope From Street, Garage Faces Front

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Garden, Lawn, Level, Rectangular Lot

Story 2

Entry Level Two

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

Additional Building Second Garage

New Construction No

Others

Senior Community No

Tax ID 7132013017

Security Features Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Seo • Credent Real Estate
Bought with kitty Callahan • eXp Realty of California Inc

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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