436 16th Street, Long Beach, CA, 90813

436 16th Street, Long Beach, CA, 90813 < >
for sale
$1,675,000
Lot Size:0.14 Acres
Year Built:1913
Status:Active Under Contract
MLS #:PW17191708
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
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Go See This Home
The subject property is comprised of two 4 unit buildings on one parcel. The front building located on corner of Linden and 16th Street, is made up of (4) 2bd/1bth units. The units are large, approx. 1032 SF and include washer and dryer hook ups. The second 4 unit structure located directly behind and facing 16th Street, is made up of (4) 1bd/1bth units, approx. 860 SF. All 8 units are currently generating $9,700 per month, which is only $1.29 per SF. Substantial upside in rental income. Property located at 436 E. 16th Street on the corner of Linden Ave. and 16th Street. The property is located close to the major intersection of Atlantic Ave. and Anaheim Street. The property is directly across the street from the brand new $49.6 million Roosevelt Elementary School. Roosevelt Elementary is grades K through 5 and serves approximately 1,100 students
Interior Details
Levels: TwoStories Total: 2

Exterior Details
Garage Spaces: 0.00Lot Features: Corner Lot, Near Public Transit
Lot Size Acres: 0.1400Number Of Buildings: 2
Number Of Units Total: 8Parking Features: Street
Parking Total: 0.00Pool Features: None

Community Information
County Or Parish: Los AngelesDirections: Atlantic Ave. to 16th Street
MLS Area Major: 9 - Poly HighParcel Number: 7269024009
Subdivision Name: Poly High (PH)Zoning: LBR2N

Property Information From MLS Data
Year Built: 1913

Utilities
Water Source: Public

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Monthly Payment for 436 16th Street
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Price:$1,675,000
Down Payment:
Loan Amount:$1,340,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Spencer Pabst, Pabst, Kinney & Associates

Information obtained from CACRMLS is current as of 9/21/2017 2:22 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.