Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

1

Building size

2,440 sqft

Lot size

7,532 sqft

Year built

1954

Stories

2

Garage spaces

1

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

1

MLS #

248775755

About this property

This is a home with endless options- currently rented as a 3 bedroom, 4 bathroom, huge family room (designed like a studio apt with its separate entrance, kitchenette, offering potential junior ADU conversion for a true separate rental). This property is on an oversized 7500sf lot and room potential for an ADU or two, plus potential to convert existing home to 2 units (1bd/2ba 2-st townhome of approx 1000sf + 2/2 single level home of approx 1500sf or 3bd/4ba home + studio). It’s a great location and easy rental- at the best per Sq ft value in the entire area…. If you are Investor in a 1031 Exchange, this is the one ! Seller already completed his reverse exchange and will consider all short escrows….. ALSO PERFECT OWNER OCCUPANT - live in one and rent the others. Perfect for Muli-gen family members living together but privately and separately, plus income. Use your 1031x and live in later. Seller has completed many upgrades- Dual pane windows and door (10 yrs) Roof (8 yrs) HVAC (4 yrs) overall kitchen bath flooring, trellis, landscape all since early 2000s.

Location

1417 Vuelta Grande

Long Beach, Los Angeles, CA, 90815