1562 W 31st Street Long Beach, CA $ 1,250,000
1562 W 31st Street
$ 1,250,000
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1562 W 31st Street

Long Beach, CA, 90810
$ 1,250,000
Bedrooms8 Baths4.0 Sq 1,696

Monthly Estimate*

$ 8,732

Listed by Crown Equities
1562 W 31st Street, Long Beach, CA 90810 - Image 1
1562 W 31st Street, Long Beach, CA 90810 - Image 2
1562 W 31st Street, Long Beach, CA 90810 - Image 3
1562 W 31st Street, Long Beach, CA 90810 - Image 4
1562 W 31st Street, Long Beach, CA 90810 - Image 5
1562 W 31st Street, Long Beach, CA 90810 - Image 6
1562 W 31st Street, Long Beach, CA 90810 - Image 7
1562 W 31st Street, Long Beach, CA 90810 - Image 8
1562 W 31st Street, Long Beach, CA 90810 - Image 9

Multi-Family Home for sale in Long Beach, CA

for $1,250,000 with 8 bedrooms and 4 full baths. This 1,696 square foot home was built in 1938 on a lot size of 0.1454.

THE PROPERTY CONSIST OF 4 UNITS, THE FRONT HOUSE HAS 2 BEDROOMS, ONE BATH, BACK UNITS CONSIST OF (2) 2 BEDROOMS 1 BATH, (1) BEDROOM 1 BATH, WHICH HAVE BEEN UPDATED, ALL UNITS ARE WELL MAINTAINED WITH LOTS OF TREES IN THE BACKYARD AND IT IS SEPARATE FROM THE BACK UNITS, WHICH HAS ITS OWN PRIVATE AREA. FRONT HOME HAS STONE COUNTERTOPS, TILE IN KITCHECN AND LIVING AREA WITH ORIGINAL HARDWOOD FLOORS IN EACH BEDROOM. NEW ROOF AND NEW SOLAR PANELS. THIS WELL MAINTAINED 4 UNITS COMPLEX IS AN EXCELLENT INVESTMENT OPPORTUNITY. ADDITIONALLY, THE SHARED OUTDOOR PATIO SPACES PROVIDE A TRANQUIL SETTING FOR RELAXATION OR ENTERTAINMENT SPACE. THIS PROPERTY PRESENTS A FANTASTIC OPPORTUNITY FOR INVESTORS. LOCATED TO A NEARBY RESTAURANT, SILVERADO PARK, FREEWAYS, AND HOSPITALS. VERY NICE AREA OF WESTSIDE LONG BEACH.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.1454

Year Built

1938

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24010002

Days on Market

120

Features
General
Interior Features Unfurnished BedroomonMainLevel
Sewer PublicSewer
Heating NaturalGas
Cooling WallWindowUnits
Utilities ElectricityConnected
Roof CommonRoof
Appliances ElectricRange GasRange
Exterior Features Barbecue Lighting RainGutters
Zoning LBR1N
Garage Spaces 3.0
Architectural Style Bungalow Other
Pool Features None
Construction Materials Block Hardboard Other
Year Built 1938
Electric ElectricityOnProperty Item220VoltsinGarage
Tenant Pays None SeeRemarks
View Bridges Neighborhood TreesWoods
Stories 1
Levels One Two
Property SubType Duplex
Gross Income 10000.0
Community Features DogPark Park StormDrains Sidewalks
County Los Angeles
Net Operating Income 10000.0
Operating Expense 2000.0
Insurance Expense 1000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency There is no lockbox or supra. TENANTS OCCUPIED NO OPEN HOUSES TO BE SCHEDULED SELLER'S CHOICE OF ALL SERVICES EXISTING FHA LOAN ASSUMABE 2.5% EXISTING FHA ASSUMABLE 2.5% $614 000 SELLER
Energy Efficient Lighting
Subdivision Name Westside/North of Willow (WNW)
Facing Direction North
Garage Y/N Y
Green Energy Generation Solar
Green Sustainability RecycledMaterials
Other Structures TwoOnALot
Special Listing Conditions Standard
Status Active
Directions From 710 freeway get off West Willow Street gonorth on Santa Fe Ave. right on 31st. St. it will be on the right side
City Long Beach
Entry Location front
View Y/N Y
Senior Community Y/N N
Total Units 4
MLS Area 11 - Westside
Lot Size Square Feet 6334.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Number of Units Leased 2
Street Name 31st
Listing Terms Cash CashtoExistingLoan Conventional FHA VALoan
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 200.0
Home Warranty Y/N N
Current Financing FHA
Fuel Expense 150.0
Trash Expense 100.0
Water Sewer Expense 150.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 54
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 53
Total Actual Rent 10000.0
Property Sub Type Additional Duplex
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Exterior
Fencing Block GoodCondition Wood
Parking Features DoorMulti Garage GarageFacesRear
Lot Features Item01UnitAcre
Water Source Public
Total Parking 5.0
Lot Size Area 6334.0
Foundation Details Raised Slab
Number of Buildings 2
Spa N
Building Area Total 1696.0
Lot Size Acres 0.1454
Lot Size Units SquareFeet
Lot Size Source Assessor
Door Features DoubleDoorEntry
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
Crops Included Y/N N
Road Responsibility PrivateMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds
Fireplace Y/N N
Street Suffix Street
Laundry Features InGarage
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1562
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* Excluded Features
List By
Crown Equities

Broker

(562) 413-2099

Phone

Affordability Calculator

$8,732
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2024$1,250,000 -3.85% Price Down
1/17/2024$1,300,000 Listed Price

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1562 W 31st Street, Long Beach, CA, 90810 is a Multi-Family Home for sale at $1,250,000 with 1,696 sqft and a lot size of 0.1454. 1562 W 31st Street has 8 bedrooms, 4.0 baths, and was built in 1938. The property's zip code is 90810 which is in Long Beach, CA