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$1,725,900
332 Days On Site

522 E Rhea Street E
Long Beach, CA 90806

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
4,212
SqFt
$410
/SqFt
1923
Built
Subdivision:
Poly High (PH)
County:
Los Angeles
Listed by Marvin Malone of Amberwood Real Estate, Inc. [email protected]

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522 E Rhea Street E522 E Rhea Street E522 E Rhea Street E
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Monthly Payment (Est.)

$7,874
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Price Just Reduced!! Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $147,300 per Year!!! With a Current Cap Rate at 6.6, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6

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Listing Snapshot
Price 
$1,725,900
Days On Site 
332 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,212 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1492 Acres
Year Built 
1923
MLS® Number 
PW24016535
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $1,725,900
a week agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
11 months agoListing first seen on site
General Features
Acres 
0.1492
Number Of Stories 
2
Parking 
AssignedConcreteGatedOn Site
Parking Spaces 
8
Property Sub Type 
Quadruplex
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)Security Lights
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4212
Stories 
Two
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
RangeDishwasherFree-Standing RangeGas CooktopDisposalGas OvenGas Water HeaterMicrowavePortable DishwasherRefrigeratorDryerWasherWasher/Dryer Stacked
Electric 
220 Volts in Laundry
Fireplace Features 
None
Flooring 
LaminateTile
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)Granite CountersRecessed Lighting
Laundry Features 
Washer HookupElectric Dryer HookupGas Dryer HookupInside
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Stucco
Fencing 
SecurityWrought Iron
Lot Features 
Near Public Transit
Pool Features 
None
Roof 
Composition
Spa Features 
None
View 
None
Waterview 
None
Windows/Doors 
Double Pane Windows
Community Features
Accessibility Features 
Accessible Doors
Building Access 
Steps
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 ExchangeFHAVA Loan
MLS Area 
9 - Poly High


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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