Long Beach, CA 90813 930 E 11th Street
$999,975
10 more
Presented By: Juan Huizar with Sage Real Estate; 562-307-0838
Beds • 4
Baths • 4
SQFT • 2,952
Home Details
Discover an exceptional investment opportunity within this meticulously renovated quadraplex, boasting a generous 2,952 square feet of living space priced at a competitive $338 per square foot. Built in 1923, this property seamlessly merges historic charm with contemporary upgrades, offering a blend of character and functionality.
This four-plex presents four expansive one-bedroom units, thoughtfully designed to easily convert into two-bedroom layouts, providing versatility to accommodate varying tenant needs. Each unit is a testament to quality craftsmanship and modern convenience, featuring recent enhancements including new windows, stucco, paint, as well as essential plumbing and electrical upgrades.
With an impressive annual income of $71,280 this property promises a lucrative return on investment. Furthermore, the option to utilize one unit immediately or rent it out adds to its appeal, ensuring flexibility for both investors and owner-occupiers.
Convenience extends beyond the interiors, with the inclusion of four dedicated parking spaces, alleviating any concerns regarding parking availability. Whether you're an astute investor seeking a profitable venture or a homeowner looking to capitalize on rental income, this quadraplex offers an enticing proposition.
Presented By: Juan Huizar with Sage Real Estate; 562-307-0838
Interior Features for 930 E 11th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 930 E 11th Street
AccessibilityNone
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, StreetLights, Sidewalks
Construction MaterialsStucco, WoodSiding
CoolingNone
CountyLos Angeles
Days on Market1
DirectionsSouth of Anaheim, North of 7th and West of Alamitos Ave.
ElectricStandard
Electric Expense92.0
Entry LocationStreet/2
Garage Spaces0.0
Garage Y/NNo
Gross Income71280.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2995.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Submit
Lot Size Square Feet3162.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense1600.0
MobileHomeRemainsYNNo
Net Operating Income49896.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal4
Open Parking Spaces4.0
Operating Expense21384.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision Namen/a
Tax Lot15
Taxes$12,500
Tenant PaysElectricity, Gas
Total Actual Rent71280.0
Trash Expense675.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense1335.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLBR4R
Exterior for 930 E 11th Street
Building Area Total2952.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre, RectangularLot
Lot Size Acres0.0726
Lot Size Area3162.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480