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    1336 Bennett Avenue

    Long Beach, CA 90804
    • $850,000
    • STATUS: Active
    • ON SITE: 123 days
    • ID#: PW20066918
    UPDATED: 47 min ago
    $850,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,540
      SQFT
    • $552
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Incredible duplex with the privacy and feel of living in a single family residence!Excellent income producing asset with major upside in rental income! Whether you are solely looking to invest or have been searching for a home with supplemental income, this quaint property caters to both parties... Both homes are completely detached and have their own private yards. The front unit has been nicely updated, has wonderful curb appeal and a beautiful, privately fenced in, rear yard. The rear unit is extremely private and is attached to the rear 2 car garage. Each unit has it's own interior laundry and onsite garage parking space.Located on a quiet street in the vibrant Eastside Circle area of Long Beach, just north of Belmont Heights. This particular neighborhood has extremely low vacancies due to it's close proximity to universities, schools, parks, restaurants, shopping, golf courses, major fwys and much more!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-06T10:26:56.167. 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 Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/104832812
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    1336 Bennett Avenue Long Beach, CA 90804

    • Price: $850,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: PW20066918
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,540
    SQFT
    $552
    $/SQFT
    1950
    Built
    Neighborhood:
    Circle (Ca)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    Incredible duplex with the privacy and feel of living in a single family residence!Excellent income producing asset with major upside in rental income! Whether you are solely looking to invest or have been searching for a home with supplemental income, this quaint property caters to both parties... Both homes are completely detached and have their own private yards. The front unit has been nicely updated, has wonderful curb appeal and a beautiful, privately fenced in, rear yard. The rear unit is extremely private and is attached to the rear 2 car garage. Each unit has it's own interior laundry and onsite garage parking space.Located on a quiet street in the vibrant Eastside Circle area of Long Beach, just north of Belmont Heights. This particular neighborhood has extremely low vacancies due to it's close proximity to universities, schools, parks, restaurants, shopping, golf courses, major fwys and much more!
    Exterior Features

    Direction Faces West Entry Level 1 Entry Location 1 Fence YN Yes Fencing Wood Foundation Details Slab Garage Spaces 2.00 Lot Features GardenLawnLevel With StreetRectangular LotLevel Lot Size Dimensions 41 X 127 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features Above Ground Spa YN Yes View Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 770 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features Living Room Fireplace YN Yes Flooring Laminate Heating Wall FurnaceFireplace(S) Heating YN Yes Interior Features Ceiling Fan(S)Recessed Lighting Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 20.35 Community Features BikingCurbsDog ParkSidewalksStorm DrainsStreet LightsUrban Country Us Elevation Units Feet Gross Income 41760.00 Gross Multiplier 2.93 Gross Operating Income 40925.00 Gross Scheduled Income 41760.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Assessor Net Operating Income 24885.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 16040.00 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Circle (Ca) Tenant Pays All Utilities Total Expenses 16040.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance 835 Vacancy Allowance Rate 2.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lbr2n

    Listing provided courtesy of Cameron Jacques of Kinnery's Brokerage House


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-06T10:26:56.167. 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 Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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