33.767143 -118.17504

126 Esperanza Avenue LONG BEACH, CA 90802

260905886 33.767143 -118.17504 124 /listing/260905886-150289293/126-esperanza-avenue-long-beach-ca-90802 False 0 1680000.0 105 PW20015227 False
  • $1,680,000
  • 2,276 lot
  • Est payment $9018.6/mo

Property & Neighborhood Info

Courtesy Of Robert Stepp, Keller Williams Pacific Estate

Multi-Family in Long Beach

126 Esperanza Avenue is a four-unit property in highly desirable Alamitos Beach, in close proximity to East Village Arts District and booming DTLB. Rents in this area are typically 19% higher than other neighborhoods of Long Beach. Built in the 1920's, the property offers beautiful hardwood floors, tiled fireplaces, wood built-ins and aesthetic period detailing. The meticulously maintained property features copper plumbing throughout, as well as laundry machines owned by the seller and included. Tenants pay for their own gas and electric, keeping the building's utility expenses low. This investment asset offers an investor an attractive, well-kept property in one of the most desirable Southern California submarkets with 16% rental upside potential.

Courtesy Of Robert Stepp, Keller Williams Pacific Estate
  1. 2,276 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1925
  • County: LOS ANGELES
  • Units: 4
  • Zoning: LBR4R
  • Subdivision: Alamitos Heights (Ah)
  • MLS Number:PW20015227

Additional Features

  • Laundry:
    • Community
    • Individual Room
  • Common Walls:
    • 2+ common walls
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 2-5 Units/Acre
  • Pool Features:
    • None
  • Parking Spaces:
    • 0.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Sidewalks
    • Urban
  • Number of Buildings:
    • 1
  • Gross Income:
    • 75639.00
  • Net Operating Income:
    • 44685.00
  • CDOM:
    • 4
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 346.00
  • Insurance Expense:
    • 1645.00
  • Listing Key:
    • 363934766
  • Lot Size Acres:
    • 0.0522
  • Lot Size Square Feet:
    • 2276.00
  • Maintenance Exp:
    • 1800.00
  • Operating Expense:
    • 30954.00
  • Price Per SQFT:
    • 459.64
  • Tax ID:
    • 7265012002
  • Total Expenses:
    • 30954.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Lily Liang
Lily Liang
Executive Vice President
550 Silver Spur #240 Rolling Hills Estates CA 90274
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33.767143 -118.17504

126 Esperanza Avenue LONG BEACH, CA 90802

260905886 33.767143 -118.17504 124 /listing/260905886-150289293/126-esperanza-avenue-long-beach-ca-90802 False 0 1680000.0 105 PW20015227 False
  • $1,680,000
  • 2,276 lot
  • Est payment $9018.6/mo