Were liquidating so that we can move out of California. We just - TopicsExpress



          

Were liquidating so that we can move out of California. We just listed our 4-plex, in the South Rose Park Historical District in Long Beach, zip 90814. The front is a craftsman duplex, ea 1-bdrm appx 700 sq ft, and the rear is two-stories with an 800 sq ft upper 1-bdrm and a lower single. Fully fenced, New drain lines, tankless water heaters in the rear, two garages, brand new electrical and gas in the rear, and its close to everything. Ive done my best to keep it original, ie claw tubs and built-ins, etc... One unit needs to be painted (but is fully prepped) and the kitchen vinyl needs to be replaced. All work is to code and permitted. Its a fairly large lot for the beach area. Were asking $699k for a fast sell. Its currently vacant so that we could catch up on deferred maintenance prior to selling. Rents are as follows for a total of $4300/mo. Owner pays water. Aside from that, all units have their own meters. Natasha or Ross 562-308-8275 Gross Rental Income is $51,600 with a Gross Rent multiplier of 13.5 Front Duplex $1175 ea Rear upper $1200 Lower single $750
Posted on: Sun, 09 Mar 2014 00:46:16 +0000

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