$1,271,000
$1,269,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,126 SqFt
SOLD DATE : 02/27/2020
Key Details
Sold Price $1,271,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,126 sqft
Price per Sqft $597
Subdivision Other (Othr)
MLS Listing ID PW19266840
Sold Date 02/27/20
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1961
Lot Size 6,534 Sqft
Property Description
BACK ON THE MARKET! 30K PRICE DROP! PREVIOUS BUYER DID NOT CLOSE! NOW IS YOUR OPPORTUNITY! One of the most beautiful & richly preserved Craftsman properties in Bluff Heights. Sustainable rental income from additional units that will help pay most of your monthly mortgage! 359 Orizaba in Historic Bluff Heights has it ALL! Main house is a 1920s Craftsman that is 3 bed/ & 2 baths, with a stunning private backyard oasis. HUGE renovated backyard, hot tub, & grilling area. Brand new mahogany fence was installed to give privacy from back units. Sellers have METICULOUSLY accounted for every inch of this home and it shows! Indoor laundry room & a stunning Master en suite bathroom with brand new shower & completely replaced plumbing. 3 car garage, and a drive way for two cars. Total of 5 parking spots!
2 units in the back of the house. Mother-In-Law studio unit that has been renovated & currently earns between $2400-$3400 PER MONTH on Airbnb. Also behind back house is 1Bed/1Bath, approx. 480 sqft. Rented for $1300/ month on a month-month lease.
Sellers have used the income from the one bed /1 bath unit ($1300 per month) & Airbnb Mother-In-Law studio ($2400-3400 per month) to pay the mortgage in full every month. You will not get that elsewhere in Bluff Heights living in such a luxuriously Craftsman front home! The front home is detached from back units!
Perfect for owner use OR investor to make even more profit from renting the front house as well!
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR2A
Rooms
Main Level Bedrooms 3
Interior
Heating Floor Furnace
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
View Y/N No
View None
Attached Garage No
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Long Beach Unified
Others
Senior Community No
Tax ID 7257010025
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Matt Thomas • RE/MAX College Park Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "