116 Bennett Avenue Long Beach, CA ^$ 2,500,000

116 Bennett Avenue

^$ 2,500,000

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116 Bennett Avenue

Long Beach, CA, 90803

^$ 2,500,000

Studio Baths0.0 Sq 4,113

Monthly Estimate*

^$ 17,463

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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,500,000. This 4,113 square foot home was built in 1928 on a lot size of 0.11.

Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore (extremely large units). This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.11

Year Built

1928

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0024383147

Features

General

Heating Wall Furnace

Zoning LBR4R

Year Built 1928

Tenant Pays Electricity Trash Collection Gas

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 104894.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Long Beach

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area 1 - BelmontShore/Pk Naples MarinaPac Bay Hbr

Lot Size Square Feet 4732.0

Street Name Bennett

Property Condition Updated/Remodeled

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Interior

Flooring Wood

Kitchen Appliances Dishwasher Gas Oven Gas Range

Total Stories 2

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Avenue

Laundry Features None Washer Included Dryer Included

Total Baths 0

Exterior

Parking Features Gated

Water Source Public

Lot Size Area 4732.0

Spa No

Pool Y/N? No

Building Area Total 4113.0

Lot Size Acres 0.11

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

John Levis

Listing Agent

Wydown Partners Inc.

Broker

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,084,846

Percent of Sale Price 17%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$2,500,000		Listed Price

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116 Bennett Avenue, Long Beach, CA, 90803 is a Multi-Family Home for sale at $2,500,000 with 4,113 sqft and a lot size of 0.11. 116 Bennett Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 90803 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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116 Bennett Avenue

Multi-Family Home for sale in Long Beach, CA

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