4124 E Theresa, Long Beach, CA 90814
- $1,375,000
- List Price
- $1,375,000
- Status
- ACTIVE
- MLS#
- OC26165617
- Year Built
- 1967
- Lot Size
- 6,409
- Acres
- 0.15
- Lot Location
- Front Yard, Lawn
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Belmont Heights (Bh)
Property Description
Exceptional duplex investment opportunity in prestigious Belmont Heights! This well-located property features two generously sized two-story units, each offering spacious living areas and private balconies. A rare four-car garage configuration includes a two-car garage, a separate one-car garage, and an extra-tall one-car garage that may accommodate an RV, boat, work truck, recreational equipment, or additional storage. Situated on a large lot, the property may also offer potential for one or two accessory dwelling units, providing an opportunity to create additional rental income, subject to city approval and all applicable development requirements. Investors may benefit from future rental increases, property enhancements, and multiple income-producing possibilities. Conveniently located near elementary, middle, and high schools, including Woodrow Wilson High School and Bruin Stadium. Enjoy close proximity to the Musical Theatre West, Colorado Lagoon, Recreation Park Golf Course, Recreation Dog Park, Marine Stadium, playgrounds, neighborhood parks, restaurants, shopping, and Pacific Coast Highway. Just minutes from the ocean, Belmont Shore, and the Queen Mary, this property offers an outstanding combination of location, space, parking, and long-term upside potential. Better hurry on this one.
Additional Information
- Appliances
- Electric Cooktop
- Pool Description
- None
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $68,481
- Operating Expense
- 19175
Listing courtesy of Listing Agent: Wade Wright (wade@wadewright.com) from Listing Office: Wade Wright, Broker.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.