522 E RHEA ST
LONG BEACH, CA 90806

$1,850,000

0 Beds

0 Baths

4,212 Sq Ft

Status Active

MLS# PW24016535

THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $140,100 per Year!!! 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!!

Details for 522 E RHEA ST

$439 / Sq Ft

8 parking spaces

Wall Furnace

139 Days on website

0.1492 acres lot

Interior

Appliances

Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Portable Dishwasher, Refrigerator

Fireplace Features

None

Flooring

Laminate, Tile

Interior Features

Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Recessed Lighting

Laundry Features

Dryer Included, Gas & Electric Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included

Living Area

4,212 SqFt.

Building And Construction

Accessibility Features

Doors - Swing In, Parking

Number Of Units Total

Property Sub Type

Quadruplex

Property Type

Residential Income

Security Features

["Carbon Monoxide Detector(s)", "Security Lights", "Smoke Detector(s)"]

Window Features

Double Pane Windows

Year Built

1923

Exterior And Lot

Lot Features

2-5 Units/Acre, Near Public Transit

Lot Size Acres

0.1492

Lot Size Square Feet

6500

Lot Size Units

Square Feet

Parking Features

Assigned, Concrete, Gated, On Site

Parking Total

Pool Features

["None"]

Spa Features

["None"]

Utilities

Cooling

["None"]

Heating

Wall Furnace

Area And Schools

City

Long Beach

Community Features

Curbs, Sidewalks, Street Lights

County Or Parish

Los Angeles

Subdivision Name

Poly High (PH)

Financial Info

Buyer Agency Compensation^*

1.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

List Price Low

$1,799,000

Details for 522 E RHEA ST

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 522 E RHEA ST