Long Beach, CA 90805 1901 E 56th Street
$950,000
Pending
7 more
Presented By: Sean Toohey with Nara Advisors; 310-986-9822
Beds • 2
Baths • 1
SQFT • 1,920
Garage • 2
Year Built • 1944
Home Details
This 3-unit property offers a unique opportunity for both investors and owner-occupants. Two of the units have been remodeled, showcasing upgraded features. The third unit is primed for renovation, providing an excellent opportunity to increase the property's value.
The property sits on a 6,661 square foot lot, offering plenty of space for future growth, with 1,920 square feet of livable space. In addition to the residential units, the property includes a spacious garage, providing the possibility to add an Accessory Dwelling Unit (ADU). This addition could significantly enhance the property's rental income potential and overall value.
With remodeled units, the opportunity to upgrade the third unit, and the possibility to add an ADU, this property presents an outstanding investment in a growing neighborhood.
Presented By: Sean Toohey with Nara Advisors; 310-986-9822
Interior Features for 1901 E 56th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall, NoOneAbove, NoOneBelow
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInGarage
Total Stories1
Other Rooms
Entry Level1
General for 1901 E 56th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsWest of Cherry Ave., South of South St., East of Orange Ave., North of E Market St.
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income67200.0
HOANo
Home Warranty Y/NNo
Insurance Expense2550.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet6663.0
Lot Size UnitsSquareFeet
MLS Area7 - North Long Beach
MobileHomeRemainsYNNo
Net Operating Income38975.0
New ConstructionNo
Number Of Units Total3
Operating Expense24865.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Subdivision NameNorth Long Beach (NLB)
Tax Lot20
Trash Expense1000.0
Waterfront Y/NNo
Year Built1944
Year Built SourcePublicRecords
ZoningLBR2N
Exterior for 1901 E 56th Street
Building Area Total1920.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, Lawn, RectangularLot, Yard
Lot Size Acres0.153
Lot Size Area6663.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters0
Number of Separate Water Meters3
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
