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522 E Rhea Street E

Long Beach, CA 90806
Active
Multifamily
Property Photo
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$1,799,000
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!!! With a Current Rate at 6.6, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper… Read MoreRead Less
Property listed by Amberwood Real Estate, Inc., Marvin Malone 562-377-2370
Listing Snapshot
Days Online
230
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1923
MLS Number
PW24016535
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, FreeStandingRange, GasCooktop, Disposal, GasOven, GasWaterHeater, Microwave, PortableDishwasher, Refrigerator, Dryer, Washer
Building
Built in 1923, Building area total: 4,212, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: Item1CommonWall, Construction materials: Stucco, CopperPlumbing
Community
Curbs, StreetLights, Sidewalks
Cooling
None
Accessibility Features
Accessibility features: Parking, AccessibleDoors
Expenses
Insurance expense: $2,400, Operating expense: $21,161, Trash expense: $100, Water sewer expense: $278
Fence
Security, WroughtIron
Fireplaces
None
Floors
Laminate, Tile
Heating
WallFurnace
Income
Gross income: $140,100, Net operating income: $118,939
Interior Features
CeilingFans, GraniteCounters, RecessedLighting
Laundry
WasherHookup, ElectricDryerHookup, GasDryerHookup, Inside, Stacked
Lot
0.1492 acres, 6,500 square feet, Size: 6,500, Item25UnitsAcre, NearPublicTransit
Parking
8 open parking spaces, 8 totals parking, Assigned, Concrete, Gated, OnSite
Pool
None
Property
None
Roof
Composition
Security Features
CarbonMonoxideDetectors, SmokeDetectors, SecurityLights
Sewer
PublicSewer
Spa
None
Tenant Pays
CableTV, Electricity, Gas
Utilities
Item220VoltsinLaundry, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Windows
DoublePaneWindows
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Monthly Payment
$0
Tina Burke
Realtor / CALDRE #01838777
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Schools In The Area

Check out nearby schools with ratings and contact info.
Smith Elementary School 562-595-9466 Public KG-5
Jessie E. Nelson Academy 562-591-6041 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12
Smith Elementary School 562-595-9466 Public KG-5
Smith Elementary School 562-595-9466 Public KG-5
Jessie E. Nelson Academy 562-591-6041 Public 6-8
Polytechnic High School 562-591-0581 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.