$995,000
About this home
Income-Generating Property with Two Permitted Homes on One Lot! Income Total: $4,900/month. Immediate rental income ($2,800/mo and $2,100/mo), long-term tenants. Newer Rear ADU built 2019 & Front home built 1941. ADU residence features a spacious 3-bedroom, 1.75-bathroom floor plan, HVAC, tile floors, composite or possible granite counters in Kitchen & Bathrooms, appx. 1,200 sq ft of modern living space. Front of lot is older independent, permitted 2 bedroom, 1 bathroom, Remodeled detached front house, appx 777 sq ft with private entrance, sep utilities, Kitchen Quartz type Counter top, Tile floors in Kitchen and Bath. Floor furnace. Hardwood floors in living room & bedrooms. Both have tankless water heaters, vinyl dual pane windows and copper pipe through out in both houses. Shed, Wood & Vinyl Fencing. Low maintenance. Perfect for a savvy investor looking for instant cash flow. Conveniently located near local amenities, 91 and 710 freeways and mass transit., California 1482 applies.Owner's photos were taken appx. in 2020.
Facts & features
- Interior features
- Bedroom On Main Level
- Appliances
- Tankless Water Heater
- Flooring
- Tile, Wood
- Fireplace
- None
- Heating
- Floor Furnace
- Cooling
- See Remarks
- Laundry
- In Kitchen
- Levels
- One
- Lot size
- 0.105 acres (4,579 sq ft)
- Pool
- None
- Architectural style
- Traditional
- Year built
- 1941
- Parking
- Assigned, Driveway Level
- Area
- 7 - North Long Beach
- County
- Los Angeles
- Community features
- Curbs
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 14
- Listed
- 2026-06-29
- Terms
- Cash, Cash To New Loan, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, Submit, Va Loan
- Parcel #
- 7118019028
- MLS #
- PW26141359
