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    331 Euclid Avenue

    Long Beach, CA 90814
    • $1,525,000
    • STATUS: Active Under Contract
    • ON SITE: 38 days
    • ID#: PW20259253
    Under Contract
    UPDATED: 60 min ago
    $1,525,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $610
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    This Art Deco, turnkey triplex is located on one of the quietest streets in Belmont Hts (Euclid dead ends at Colorado) and consists of a spacious 3 bedroom, 2 bath front home (1,775 s.f) plus an office / dining room (could be a 4th bedroom), a 480 s.f one bedroom apartment (with a small office sits atop the detached 2 car garage (alley access), and a legally permitted ADU studio (242 s.f). There is ample parking both in the front driveway and in the rear off of the alley. The entire property was taken down to the studs and fully renovated (with permits) and brought up to current code. Upgrades include structural reinforemcents, new 3 panel / 400 amp electric meter, new roofs on all 3 structures, new windows, insulation and drywall, new HVAC, new plumbing (including main sewer line), new electrical, beautiful kitchens with gray shaker cabinets and quartz countertops and backsplashes, stunning Acacia hardwood flooring in the front house and laminate flooring in the back units, amazing Art Deco tile work in both bathrooms of the front house along with stunning tile around the amazing front door that really makes this house "pop". Monthly income should exceed $7,250 per month and with all the renovations your repairs and maintenance costs will be near zero for many years to come.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T20:30:45.227. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/112686933
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    331 Euclid Avenue Long Beach, CA 90814

    • Price: $1,525,000
    • Status: Active Under Contract
    • Updated: 60 min ago
    • ID#: PW20259253
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,500
    SQFT
    $610
    $/SQFT
    1920
    Built
    Neighborhood:
    Belmont Heights (Bh)
    County:
    Los Angeles
    Area:
    2 - Belmont Heights, Alamitos Heights
    Property Description
    This Art Deco, turnkey triplex is located on one of the quietest streets in Belmont Hts (Euclid dead ends at Colorado) and consists of a spacious 3 bedroom, 2 bath front home (1,775 s.f) plus an office / dining room (could be a 4th bedroom), a 480 s.f one bedroom apartment (with a small office sits atop the detached 2 car garage (alley access), and a legally permitted ADU studio (242 s.f). There is ample parking both in the front driveway and in the rear off of the alley. The entire property was taken down to the studs and fully renovated (with permits) and brought up to current code. Upgrades include structural reinforemcents, new 3 panel / 400 amp electric meter, new roofs on all 3 structures, new windows, insulation and drywall, new HVAC, new plumbing (including main sewer line), new electrical, beautiful kitchens with gray shaker cabinets and quartz countertops and backsplashes, stunning Acacia hardwood flooring in the front house and laminate flooring in the back units, amazing Art Deco tile work in both bathrooms of the front house along with stunning tile around the amazing front door that really makes this house "pop". Monthly income should exceed $7,250 per month and with all the renovations your repairs and maintenance costs will be near zero for many years to come.
    Exterior Features

    Architectural Style See Remarks Fence YN Yes Fencing BlockWood Garage Spaces 2.00 Lot Features 0-1 Unit/AcreLandscapedSprinklers In FrontSprinklers Timer Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayGarage Faces RearGarage Door Opener Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Roof AsphaltBitumen View None View YN No

    Interior Features

    Average Studio Area 242 Average Studio Area Units Square Feet Average1 Bed Area 480 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1778 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features NoneDining Room Flooring LaminateWood Interior Features Ceiling Fan(S)Copper Plumbing FullGranite CountersRecessed Lighting Laundry Features In ClosetIn Garage Levels Multi/Split Room Type All Bedrooms Down Window Features Double Pane WindowsEnergy Star Qualified Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Suburban Country Us Current Financing Private Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 89400.00 Gross Scheduled Income 89400.00 Insurance Expense 1500.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Net Operating Income 68400.00 New Construction YN No New Taxes Expense 18300.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Number Wall AC 2 Number With Dishwasher 3 Number With Disposal 3 Number With Range 3 Number With Refrigerator 1 Operating Expense 21000.00 Property Condition Additions/AlterationsBuilding PermitUpdated/Remodeled Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Belmont Heights (Bh) Tenant Pays All Utilities Total Actual Rent 0.00 Total Expenses 21000.00 Trash Expense 0.00 Walk Score 82 Water Sewer Expense 0.00 Water Source Public Year Built Source Builder Zoning Lbr1n

    Listing provided courtesy of William Smith of Bryant Drive Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T20:30:45.227. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555