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$ 1,225,000
Est. payment /mo
Active
1020 Ohio AVE Long Beach, CA 90804
6,764 Sqft Lot
UPDATED:
12/05/2024 03:36 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24239950
HOA Y/N No
Year Built 1989
Lot Size 6,764 Sqft
Property Description
Duplex + bonus unit in Trendy Rose Park!
This unique property offers a fantastic opportunity for owner-occupants or investors.
The front house, a charming 3-bed, 1-bath craftsman bungalow, combines vintage charm with modern updates. It includes original wood built-ins and moldings, high-grade vinyl flooring, dual-pane windows, and washer/dryer hookups. Recent upgrades include newer copper plumbing, and a newer water heater. Currently rented at $2,200/month.
The rear building, built in 1989, boasts 2,028 sq. ft. of living space. The upstairs unit features an open floor plan 3-bed, 2-bath unit with central AC/heat, durable high-grade vinyl flooring, and dual-pane windows. Currently rented at $3,400/month.
The downstairs was originally an extension of the 3bed/2bath unit featuring a den with a full bath and kitchenette. A doorway was closed off to turn the space into a 1-bed, 1bath “bonus unit.” There is potential to convert the 1bed/1bath unit into an ADU (buyer to verify). Currently rented at $1,300/month
The rear building also features 2 attached garages and a large storage room which can be rented for additional income. Tenants pay all utilities.
This unique property offers a fantastic opportunity for owner-occupants or investors.
The front house, a charming 3-bed, 1-bath craftsman bungalow, combines vintage charm with modern updates. It includes original wood built-ins and moldings, high-grade vinyl flooring, dual-pane windows, and washer/dryer hookups. Recent upgrades include newer copper plumbing, and a newer water heater. Currently rented at $2,200/month.
The rear building, built in 1989, boasts 2,028 sq. ft. of living space. The upstairs unit features an open floor plan 3-bed, 2-bath unit with central AC/heat, durable high-grade vinyl flooring, and dual-pane windows. Currently rented at $3,400/month.
The downstairs was originally an extension of the 3bed/2bath unit featuring a den with a full bath and kitchenette. A doorway was closed off to turn the space into a 1-bed, 1bath “bonus unit.” There is potential to convert the 1bed/1bath unit into an ADU (buyer to verify). Currently rented at $1,300/month
The rear building also features 2 attached garages and a large storage room which can be rented for additional income. Tenants pay all utilities.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 7262001024
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Cody Charnell • Sage Real Estate • 562-896-3851