Long Beach, CA 90814,384 Tremont AVE

$1,600,000

Est. payment /mo

$1,695,000

5.6%
Est.Price: ?

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384 Tremont AVE Long Beach, CA 90814

0.28 Acres Lot

SOLD DATE : 10/22/2014

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Belmont Heights (Bh)

MLS Listing ID RS14204667

Sold Date 10/22/14

HOA Y/N No

Year Built 1930

Tax Year 2013

Lot Size 0.284 Acres

Property Description

384 Tremont is situated in the heart of Belmont Heights, just minutes from the beach and Long Beach State. The building and SFR consists of
(1 SFR- three bedroom/two-bathroom ),(2 two-bedroom/one-bathroom),(3 one-bedroom-/one bath), (1 studio) totaling 7 units. More than half the units have already been refurbished. HUGH UPSIDE POTENTIAL IN RENTS-ONLY 3 TENANTS ON LEASE TILL NEXT YEAR. The property features a charming Contemporary style two-story building constructed in 1930 with a detached SFR 3 bedroom-2 bath house. Some notable features include five single-car garages and a 2 car garage for the house, separate meters for gas and electric. Landscaping is neat and well-kept. The quality asset is featured in a strong rental area, totaling to a substantial lot size of 12,632 square feet. This would make a perfect addition to any investor?s portfolio.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Interior

Heating Forced Air

Fireplace No

Laundry Common Area

Exterior

Garage Assigned

Garage Spaces 7.0

Garage Description 7.0

Fence Block

Pool None

Community Features Suburban

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story Two

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Architectural Style Contemporary

Level or Stories Two

Others

Senior Community No

Tax ID 7250017022

Security Features Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mark Perez • So Cal Properties
Bought with Kevin King • Marcus & Millichap

Alex Duarte

CEO | i01970077

+1(714) 373-6828

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