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    411 E Burnett Street

    Long Beach, CA 90806
    • $950,000
    • STATUS: Active Under Contract
    • ON SITE: 106 days
    • ID#: PW20107492
    Under Contract
    UPDATED: 67 min ago
    $950,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,352
      SQFT
    • $283
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    The subject property is located at 411 E. Burnett Street, two blocks East of Long Beach Blvd. and three blocks South of Willow St. This investment consists of 4 three bedroom/ one-bathroom units. Built in 1923, this property is a two-story walk-up style building. With approximately 3,352 rentable square feet, lot size of 2,973 sq. ft. and individually metered for gas and electricity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T20:27:09.037. 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/106548689
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    411 E Burnett Street Long Beach, CA 90806

    • Price: $950,000
    • Status: Active Under Contract
    • Updated: 67 min ago
    • ID#: PW20107492
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,352
    SQFT
    $283
    $/SQFT
    1923
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    The subject property is located at 411 E. Burnett Street, two blocks East of Long Beach Blvd. and three blocks South of Willow St. This investment consists of 4 three bedroom/ one-bathroom units. Built in 1923, this property is a two-story walk-up style building. With approximately 3,352 rentable square feet, lot size of 2,973 sq. ft. and individually metered for gas and electricity.
    Exterior Features

    Construction Materials Stucco Direction Faces South Fence YN Yes Fencing Fair Condition Foundation Details Raised Garage Spaces 1.00 Lot Features 0-1 Unit/AcreYard Lot Size Units Square Feet Parking Features DrivewayGarage - Single Door Parking Total 1.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley PavedPaved Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None Levels Two Window Features Wood Frames

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.79 Community Features SidewalksStreet Lights Country Us Electric Expense 2283.50 Elevation Units Feet Fuel Expense 0.00 Garage Income 1200.00 Gross Income 59076.00 Gross Multiplier 16.08 Gross Scheduled Income 59076.00 Insurance Expense 1553.00 Land Lease YN No Laundry YN No Licenses Expense 689.00 Maintenance Expense 2600.00 Net Operating Income 36007.00 New Construction YN No New Taxes Expense 10688.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 21297.00 Other Expense 1200.00 Other Expense Description Misc. Property Condition Fixer Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection System Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 21297.00 Trash Expense 0.00 Water Sewer Expense 2283.50 Water Source Public Year Built Source Public Records Zoning Lbr2n

    Listing provided courtesy of Justin White of Justin White


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T20:27:09.037. 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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