33.767143 -118.17504

126 Esperanza Avenue LONG BEACH, CA 90802

260905886 33.767143 -118.17504 124 /listing/260905886-150201580/126-esperanza-avenue-long-beach-ca-90802 False 0 1680000.0 105 PW20015227 False
  • $1,680,000
  • 2,276 lot
  • Est payment $9018.6/mo

Property & Neighborhood Info

Courtesy Of Robert Stepp, Keller Williams Pacific Estate

Multi-Family in Long Beach

126 Esperanza Avenue is a four-unit property in highly desirable Alamitos Beach, in close proximity to East Village Arts District and booming DTLB. Rents in this area are typically 19% higher than other neighborhoods of Long Beach. Built in the 1920's, the property offers beautiful hardwood floors, tiled fireplaces, wood built-ins and aesthetic period detailing. The meticulously maintained property features copper plumbing throughout, as well as laundry machines owned by the seller and included. Tenants pay for their own gas and electric, keeping the building's utility expenses low. This investment asset offers an investor an attractive, well-kept property in one of the most desirable Southern California submarkets with 16% rental upside potential.

Courtesy Of Robert Stepp, Keller Williams Pacific Estate
  1. 2,276 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1925
  • County: LOS ANGELES
  • Units: 4
  • Zoning: LBR4R
  • Subdivision: Alamitos Heights (Ah)
  • MLS Number:PW20015227

Additional Features

  • CDOM:
    • 121
  • Fuel Exp:
    • 346.00
  • Gross Income:
    • 75639.00
  • Insurance Expense:
    • 1645.00
  • Listing Key:
    • 363934766
  • Lot Size Acres:
    • 0.0522
  • Lot Size Square Feet:
    • 2276.00
  • Maintenance Exp:
    • 1800.00
  • Net Operating Income:
    • 44685.00
  • Number of Buildings:
    • 1
  • Operating Expense:
    • 30954.00
  • Parking Spaces:
    • 0.00
  • Price Per SQFT:
    • 459.64
  • Tax ID:
    • 7265012002
  • Total Expenses:
    • 30954.00
  • Common Walls:
    • 2+ common walls
  • Laundry:
    • Community
    • Individual Room
  • Water Source:
    • Public
  • Community Features:
    • Sidewalks
    • Urban
  • Year Built Source:
    • Assessor
  • Pool Features:
    • None
  • Special Conditions:
    • Standard
  • Sewer:
    • Public Sewer
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 2-5 Units/Acre
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
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Gail McClendon
Gail McClendon
Realtor Specialist
27802 Vista Del Lago, E2 Mission Viejo CA 92692
33.767143 -118.17504

126 Esperanza Avenue LONG BEACH, CA 90802

260905886 33.767143 -118.17504 124 /listing/260905886-150201580/126-esperanza-avenue-long-beach-ca-90802 False 0 1680000.0 105 PW20015227 False
  • $1,680,000
  • 2,276 lot
  • Est payment $9018.6/mo