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17 Bonito Avenue

Long Beach, CA 90802
  • $1,699,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: SB24017715
Price Reduced
UPDATED: 170 min ago
$1,699,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

Listing Agent(s): Ellis Posner of Ellis Posner Real Estate (310-975-5139)


Description

Location, location, location. Don't miss out on this opportunity to add this unique asset to your portfolio. Four large 1 bedroom, 1 bath units in an updated building located just steps to the beach and close to everything that makes living in Long Beach desirable. This could be the special investment you've been looking for so look no further. Some of the updates over the years have included new electric wiring and panels, new plumbing and gas lines, and interior remodeling (btv). New roof less than a year ago. There's still lots of new development coming to the surrounding areas of Long Beach and this location is just a short distance to Belmont Shores 2nd street, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for a smart investor looking for a prime asset in an A plus unbeatable location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T00:28:36.88. 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 Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
www.rusnellproperties.com/homes/147184298
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17 Bonito Avenue Long Beach, CA 90802

  • Price: $1,699,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 170 min ago
  • ID#: SB24017715
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1918
Built
Neighborhood:
Alamitos Beach (Ab)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Location, location, location. Don't miss out on this opportunity to add this unique asset to your portfolio. Four large 1 bedroom, 1 bath units in an updated building located just steps to the beach and close to everything that makes living in Long Beach desirable. This could be the special investment you've been looking for so look no further. Some of the updates over the years have included new electric wiring and panels, new plumbing and gas lines, and interior remodeling (btv). New roof less than a year ago. There's still lots of new development coming to the surrounding areas of Long Beach and this location is just a short distance to Belmont Shores 2nd street, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for a smart investor looking for a prime asset in an A plus unbeatable location.
Exterior Features

Entry Level 1 Entry Location Street Lot Features Corner Lot Number Of Separate Electric Meters 4 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Contingency None Current Financing Conventional Garage YN No Gross Income 0 Gross Scheduled Income 86000 Insurance Expense 4000 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 55200 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 30800 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Trash Expense 800 Water Sewer Expense 2000 Water Source Public Zoning LBR4R



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T00:28:36.88. 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 Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
 
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Rusnell Real Estate Group | Vista Sotheby's
16 Malaga Cove Plaza
Palos Verdes Estates CA, 90274
Listing Agent(s): Ellis Posner of Ellis Posner Real Estate (310-975-5139)