$1,600,000
$1,695,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Kevin King • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "