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    3626 Pacific Avenue

    Long Beach, CA 90807
    • $1,425,000
    • STATUS: Active
    • ON SITE: 92 days
    • ID#: CV21135034
    UPDATED: 132 min ago
    $1,425,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    New showing instructions... A well designed Duplex that still has the "POTENTIAL" for additional units. Located in the prestigious Virginia Country Club Neighborhood this Duplex offers the right buyer an incredible investment opportunity. The front unit is approximately 1100 sq feet 2 bedroom and 1 bath with a stackable laundry area. The kitchen was upgraded in 2014. The back unit is approximately 1400 sq. ft. and is a 3 bedroom 2 bath unit with a laundry room off of the garage area. The kitchen was upgraded in 2015 with an Israeli Caesar Red Stone and it has a central A/C unit. Both units have a little side yard. The back unit has it's own private back yard. Located in the back of the property are two garages. The possibilities of expanding this property and building more units are very real. On top of the main garage is a 800 sq. ft. with a building that is permitted. It has the POTENTIAL to become a 600 Sq. Ft. 1 bedroom Apartment plus a storage space. There is plenty of garage space to look into converting into another unit and most of all you could build a 2nd story on top of the main house for an additional 2 more units. So even though it's being sold as a duplex you can visualize what this property can truly be at full capacity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T00:25:16.58. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/118763378
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    3626 Pacific Avenue Long Beach, CA 90807

    • Price: $1,425,000
    • Status: Active
    • Updated: 132 min ago
    • ID#: CV21135034
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1955
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    New showing instructions... A well designed Duplex that still has the "POTENTIAL" for additional units. Located in the prestigious Virginia Country Club Neighborhood this Duplex offers the right buyer an incredible investment opportunity. The front unit is approximately 1100 sq feet 2 bedroom and 1 bath with a stackable laundry area. The kitchen was upgraded in 2014. The back unit is approximately 1400 sq. ft. and is a 3 bedroom 2 bath unit with a laundry room off of the garage area. The kitchen was upgraded in 2015 with an Israeli Caesar Red Stone and it has a central A/C unit. Both units have a little side yard. The back unit has it's own private back yard. Located in the back of the property are two garages. The possibilities of expanding this property and building more units are very real. On top of the main garage is a 800 sq. ft. with a building that is permitted. It has the POTENTIAL to become a 600 Sq. Ft. 1 bedroom Apartment plus a storage space. There is plenty of garage space to look into converting into another unit and most of all you could build a 2nd story on top of the main house for an additional 2 more units. So even though it's being sold as a duplex you can visualize what this property can truly be at full capacity.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features DrivewayGarageOn Street Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Contingency None Electric Expense 1920 Fuel Expense 600 Garage YN Yes Gross Income 50400 Gross Scheduled Income 50400 Insurance Expense 1360 Land Lease YN No Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 40542 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 9858 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4200 Trash Expense 456 Water Sewer Expense 600 Water Source Public Zoning Lbr1n

    Listing provided courtesy of Paul Villarreal of First Team Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T00:25:16.58. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
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    Brandon Hobbs Group | Compass
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    Newport Beach CA, 92660