1136 E Alhambra CT, Long Beach, CA 90813
1136 E Alhambra CT, Long Beach, CA 90813
1136 E Alhambra CT, Long Beach, CA 90813
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$1,000,000
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1,790 Sqft Lot
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1136 E Alhambra CT Long Beach, CA 90813

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Rick Lee

Rick Lee

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Cambodia Town

MLS Listing ID IN26156931

HOA Y/N No

Year Built 1923

Lot Size 1,790 Sqft

Property Sub-Type Quadruplex

Property Description

1136 E. Alhambra Court is a well-maintained fourplex featuring immediate value-add upside. Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 3.5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Fireplace No

Laundry Washer Hookup

Exterior

Parking Features On Street

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Cul-De-Sac

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7268017011

Energy Description 1064.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Tyson Storr Buckingham Investments, Inc. 4242122321, DRE #02179872
NEARBY SCHOOL & BUSINESS
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1136 E Alhambra CT

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