1007 Lewis Avenue, Long Beach, CA 90813

$699,000

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List Price
$699,000
Status
ACTIVE
MLS#
PW26159198
Year Built
1919
Lot Size
1,353
Acres
0.03
Lot Location
Back Yard, Landscaped
Days on Market
3
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Alamitos Beach (Ab)

Property Description

Opportunity to own a well-maintained duplex featuring two units, 1007 Lewis Ave and 1009 Lewis Ave. The top unit at 1007 Lewis Ave. offers 2 Bedrooms, with an extra room that provides flexibility and is ideal for use as a home office, nursery, guest room or additional 3rd bedroom. The unit features fresh interior paint, a bright living space, and an outside washer & dryer area. The first floor unit at 1009 Lewis Ave. offers a, 1 Bedroom and 1 Bath unit, inside laundry, creating a practical layout. Both units have been refreshed, ceiling fans , counter tops & cabinets in kitchens & baths, tile and lovely wood laminate flooring. Outside there is a storage unit, security fence, and a shared backyard patio and entertaining area. This income-producing property is just minutes from the Hip East Village, Alamitos Beach, dining and public transportation. Walk to Medina's Bakery, La Bodega #2 for fresh meat, fruits and vegetables, Tacos at Chemas Place and fresh coffee and donuts at Tasty's and even a barber shop around the corner! Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents an excellent opportunity. Parking spaces for rent across the street at Colonia Tires and Auto Repair for $80/month.

Additional Information

Land Lease
Yes
Association Amenities
Storage
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$50,400
Operating Expense
11150

Listing courtesy of Listing Agent: Alan Fasnacht (team.fasnacht@gmail.com) from Listing Office: Team Fasnacht Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 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, 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.