Long Beach, CA 90804 3915 E 11th Street
$1,295,000
58 more
Presented By: Yvette Geater with Century 21 Masters; 562-307-1056
Home Details
Introducing a pristine 3091 sq ft quadruplex in Long Beach, featuring four units in excellent condition. Cap rate 5%.This investment gem comprises two one-bedroom units, one two-bedroom unit, and a spacious three-bedroom residence. Nestled in a sought-after neighborhood where neighbors stroll with their pets and foster a sense of community, this property offers more than just a living space.
One of the units boasts its own convenient laundry area, while all residences are meticulously clean and well-maintained both inside and out. Natural light floods through the large windows, creating a bright and airy atmosphere, and ensuring a constant flow of fresh air. The upstairs unit showcases modernity with newer kitchen cabinets and elegant granite countertops.
Step outside to the backyard oasis, a perfect blend of greenery and relaxation space. This quadruplex is not just an investment; it's an opportunity to own a piece of tranquility in a thriving community. Don't miss your chance to be a part of this desirable section of Long Beach.
Presented By: Yvette Geater with Century 21 Masters; 562-307-1056
Interior Features for 3915 E 11th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Vinyl
Heating Y/NYes
Laundry FeaturesInside, None
Street SuffixStreet
Total Stories2
Window FeaturesCustomCoverings, Drapes, WoodFrames
Other Rooms
Entry Level4
General for 3915 E 11th Street
AccessibilityAccessibleDoors
Additional Parcels Y/NNo
AppliancesGasRange, GasWaterHeater, Microwave, Refrigerator
Architectural StyleModern
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, Curbs, Park, StreetLights, Sidewalks
Construction MaterialsDrywall, Concrete, Stucco
ContingencySeller might complete a 1031 Exchange at no cost to the buyer
CoolingNone
CountyLos Angeles
Days on Market121
DirectionsFrom 605 south fwy exit right on Long Beach Blvd. then make right on E Pacific Coast Hwy then left on E Anaheim St. then left on Termino Ave. Then right on 11th St.
ElectricStandard
Electric Expense500.0
Entry LocationGround
Expected Active Date 2024-01-15
Exterior FeaturesLighting, RainGutters
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income87300.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense125.0
Interior FeaturesCeilingFans, Storage
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Item1031Exchange, FHA, VALoan
Lot Size Square Feet4796.0
MLS Area3 - Eastside, Circle Area
MaintenanceExpense200.0
MobileHomeRemainsYNNo
Net Operating Income70860.0
New ConstructionNo
Number of Units Leased4
Operating Expense16440.0
Other StructuresStorage
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofClay, Composition, Flat
Security FeaturesSmokeDetectors, SecurityLights
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name11th
Tax Lot79
Tenant PaysCableTV, Electricity, Gas
Total Units4
Trash Expense200.0
UtilitiesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerConnected, WaterAvailable, WaterConnected
ViewCityLights, Neighborhood
View Y/NYes
Water Sewer Expense300.0
Waterfront Y/NNo
Year Built1949
Year Built SourcePublicRecords
ZoningLBR3S
Exterior for 3915 E 11th Street
Building Area Total3091.0
Crops Included Y/NNo
FencingBlock, ChainLink, GoodCondition, Wood
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1101
Lot Size Area4796.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480