259 Park Avenue, Long Beach, CA 90803

$1,680,000
Sold Price
$1,680,000
List Price
$1,799,000
Closing Date
Aug 07, 2023
Status
CLOSED
MLS#
PW23096543
Year Built
1928
Lot Size
6,334
Acres
0.15
Lot Location
Rectangular Lot, Yard
Days on Market
26
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Belmont Heights (Bh)

Property Description

Charming Spanish Style Duplex located in the Estate Section of Belmont Heights! First time on the market in 37 Years! This pride of ownership duplex sits on a large 6,334 square foot lot, and features two identical and spacious 3 Bed, 1.5 bath units, (appox. 1,400 SF each) and 4 single car garages, with additional surface parking behind the garages. Each unit features beautiful coved ceilings, large living room, dining room, 3 bedrooms, full bathroom with separate tub and shower, and half bath with toilet and sink off the kitchen. Lower unit recently remodeled with luxury vinyl plank flooring, new kitchen cabinets and quartz countertops, new stainless steel refrigerator, fresh paint job throughout and new fixtures. This property is truly unique with vintage charm and coveted architectural style. Furthermore, the 4 single car garages can easily be converted to a large ADU unit, potentially further increasing the rental income and property value. Double wide alley which is extremely rare for Belmont Heights/Belmont Shore. This is an amazing investment opportunity for any investor or owner occupant buyer. Just a short distance to award winning schools, shopping and dining in Belmont Shore, Alamitos Bay and the Beach. An amazing investment opportunity for the savvy investor or owner occupant!

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$79,800

Listing courtesy of Listing Agent: Spencer Pabst (spabst@pabstkinney.com) from Listing Office: Pabst, Kinney & Associates.

Listing sold by Cameron Jacques from Kinnery's Brokerage House

Mortgage Calculator

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Calculator source: Real Geeks

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.