757 N Loma Vista Dr, Long Beach, CA, 90813

USD 1,288,888
For Sale MLS: PW26042428

Property Details

Bathrooms

3

Property Type

multi family

Description

Multi Family in Long Beach, CA - Bedrooms: 0 - Bathrooms: 3 - Area: N/A - Year Built: 1903 - Lot: 6551 sqft

Listing Agent: Nancy Deprez Brokerage: Vista Sotheby's International Realty

Exceptional duplex opportunity for short term rental with tons of potential from World Cup, Olympics, Grand Prix, Gay Pride Weekend, and tons of other events and activities in Long Beach, on a generous lot, offering strong investment potential and flexible living options. Previously operated as a highly successful short-term rental with excellent returns, and most recently leased long-term to stable tenants, this property has a proven track record. The front and back homes are completely separate and detached, each with its own electric and gas meters for added convenience and independence. The front residence features 3 bedrooms and 2 bathrooms on the main level, plus a versatile upstairs loft-ideal for a home office, guest space, or creative studio. The rear home offers 2 bedrooms and 1 bathroom, along with its own private laundry area. A gated parking area with automatic garage access from the alley provides space for up to three vehicles-an uncommon and valuable amenity. Located on a charming tree-lined street with easy access to Downtown Long Beach and major freeways, this is an outstanding opportunity for investors or owner-occupants looking to live in one unit and rent the other. Do you like this personality?

Location

Address

757 N Loma Vista Dr, Long Beach, CA, 90813

City

Long Beach

Features and Finishes

Laundry Features: Inside, Full Bathrooms: 3, Additional Parcels: No, Land Lease: No, Lot Description: Front Yard, Back Yard, Yard, Lot Size Acres: 0.1504, Lot Size Source: Assessor, Lot Size Square Feet: 6551, Ocean Side of Freeway, Other Structures: Two On A Lot, Road Frontage Type: City Street, Road Surface Type: Alley Paved, Association: No, Calculated Total Monthly Association Fees: 0, Gross Income: 100000, Gross Scheduled Income: 100000, Number of Units Leased: 2, Rent Control: No, Number of Units: 2, Bedrooms in Unit-1: 3, Bedrooms in Unit-2: 2, Total Bathrooms in Unit-1: 2, Total Bathrooms in Unit-2: 1, Full Bathrooms in Unit-1: 2, Full Bathrooms in Unit-2: 1, Unit-1 Furnished Description: Unfurnished, Unit-2 Furnished Description: Unfurnished, Unit 1 Total Actual Rent: 3500, Unit 2 Total Actual Rent: 2600, Community Features: Biking, Street Lights, Storm Drains, Sidewalks, Park, Source Listing Status: Active, County: Los Angeles, Source Property Type: Residential Income, Insura

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