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    4130 E 10th Street

    Long Beach, CA 90804
    • $1,575,000
    • STATUS: Active Under Contract
    • ON SITE: 59 days
    • ID#: PW21109761
    Under Contract
    UPDATED: 61 min ago
    $1,575,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    FIRST TIME ON MARKET IN OVER 30 YEARS. 4130 E 10TH STREET IS A WELL-MAINTAINED 10 UNIT BREAD & BUTTER BUILDING LOCATED JUST BLOCKS FROM RECREATION PARK, MAKING IT CLOSE TO CSULB, BUSLINES, SHOPS AND RESTURANTS! THE BUILDING CONSIST OF TEN STUDIO APARTMENTS. THERE IS A SMALL PARKING LOT THAT IS SET UP TO ALLOW SEVEN VEHICLES. MOST OF THE TENANTS ARE LONG TERM TENANTS. CURRENT RENTAL RATES ARE CONSIDERABLY BELOW MARKET. OWNER BELIEVES THAT TENANTS OCCUPY THEIR UNITS ON A MONTH-TO-MONTH BASIS. ALL UTILITY SERVICES ARE ON MASTER METERS COVERING ALL APARTMENTS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T18:29:14.777. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/117722650
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    4130 E 10th Street Long Beach, CA 90804

    • Price: $1,575,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: PW21109761
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1953
    Built
    Neighborhood:
    Eastside (Es)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    FIRST TIME ON MARKET IN OVER 30 YEARS. 4130 E 10TH STREET IS A WELL-MAINTAINED 10 UNIT BREAD & BUTTER BUILDING LOCATED JUST BLOCKS FROM RECREATION PARK, MAKING IT CLOSE TO CSULB, BUSLINES, SHOPS AND RESTURANTS! THE BUILDING CONSIST OF TEN STUDIO APARTMENTS. THERE IS A SMALL PARKING LOT THAT IS SET UP TO ALLOW SEVEN VEHICLES. MOST OF THE TENANTS ARE LONG TERM TENANTS. CURRENT RENTAL RATES ARE CONSIDERABLY BELOW MARKET. OWNER BELIEVES THAT TENANTS OCCUPY THEIR UNITS ON A MONTH-TO-MONTH BASIS. ALL UTILITY SERVICES ARE ON MASTER METERS COVERING ALL APARTMENTS.
    Exterior Features

    Construction Materials Stucco Foundation Details Slab Lot Features Corner LotLevelNear ParkNear Public TransitRectangular Lot Number Of Separate Electric Meters 1 Open Parking Spaces 7 Parking Features On Site Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.68 Common Interest None Community Features CurbsStreet LightsSidewalksPark Current Financing None Electric Expense 4551 Fuel Expense 0 Garage YN No Gross Income 114222 Gross Scheduled Income 127200 Insurance Expense 3957 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Trust Conveyance Maintenance Expense 12780 Net Operating Income 73679 New Construction YN No New Taxes Expense 18900 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 53521 Pest Control Expense 671 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays None Total Actual Rent 10600 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Vacancy Allowance Rate 3 Water Sewer Expense 5455 Water Source Public Zoning Lbr3s

    Listing provided courtesy of James Webb of Skyline Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T18:29:14.777. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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