BROKER LA INC.

Rose Park (Long Beach, California, US - 90804)
MLS® $2,449,000




"HUGE PRICE REDUCTION! HURRY UP!"
 

BROKER LA INC.
Los Angeles Real Estate


Peyman Karami
 
Peyman Karami
Email Peyman
 
TollFree: (888) 300-3004
Cell: (818) 300-3005
Fax: (323) 654-8785
 
Details

Address: 1021 Temple Avenue Type: Commercial Style: 3 Story Bedrooms: 2 "8 units" Bathrooms: 2 Garage: Double "underground" Size: 6,496 sq. ft. Lot Type: Rectangular Lot Size:  6302 sq. ft.  Year Built: 1987 MLS®: P593003
 
Description

HUGE PRICE REDUCTION! HURRY UP!

ATTENTION INVESTORS THIS DEAL IS REALLY FANTASTIC: ALL THE WORK IS DONE! ALL YOU HAVE TO DO IS WAIT FOR FINAL APPROVAL AND THEN SELL IT FOR THE HIGHER PRICE TO EXISITING TENANTS!

Excellent Opportunity For An Experienced, But Busy Investor To Take This Approved Project To The Final Level. All 8-Unit Have 2 Bedrooms, 2 Baths, And A Large Subterranean Secured Parking Lot With 13 Parking Spaces And IS COMPLETELY REMODELED INSIDE AND OUT: All New Doors And Windows, New Kitchen With Wood Cabinets, Granite Countertop, Tiled Floor And Brand New Appliances, Washer/ Dryer Added Inside Each Unit, Beautiful Wood Laminated Floor All Over, New Bathrooms With Tiled Tub/Shower And Floor, New Exterior Painting, New Decking, Tiled Front Entrance, Landscaping, Vinyl Fence All Around, And a Lot More…

Another Difference From All Other Condo Conversion Projects, This One Is Fully Occupied By Ready To Buy Tenants, Which Are Paying $1,500/Month Rent, $3,000 Security Deposit, With The Promise To Get All Their Money Back If They Buy The Unit…Fantastic Deal: You Have A Great Income While You’re Waiting For Entitlements!!!

Project Has A Tentative Tract Map Approved By The City Of Long Beach, The 180-Day Notice Has Been Served; We Already Apply For DRE Conditional Public Report (With CC&R And Budget In Place). There Is No Vacancy Right Now And Most Of The Existing Tenants Are Willing And Able To Buy.
 
Highlights

8-Unit Condo Conversion With Tentative Map Approved Fully Occupied By Ready To Buy Tenants
Completely Remodeled Inside And Out Started Process With DRE To Secure “Yellow” Conditional Approval
13 Secured Parking Spaces All New Doors And Windows, New Kitchen With Wood Cabinets, Granite Countertop, Tiled Floor And Brand New Appliances.
Washer/ Dryer Added Inside Each Unit Beautiful Wood Laminated Floor All Over
New Bathrooms With Tiled Tub/Shower And Floor New Exterior Painting, New Decking, Tiled Front Entrance, Landscaping, Vinyl Fence All Around, etc.

Features
Interior Features
 Cathedral Ceiling  Ceiling Fan  Hardwood Floors
 Laundry Room  Window Covers
Heating
 Wall Unit
Exterior Finish
 Stucco
Sewer/Water Systems
 Water District
Roof
 Asphalt Shingles  Composition
Lot Features
 Fenced Yard  Landscaped
Appliances
 Dishwasher  Dryer  Gas Range
 Washer  Washer/Dryer Hookup
Extra Features
 Balcony  Controlled Access  Intercom
 Reserved Parking
Brokered and Advertised by:   American Investor Properties, Inc. NLS#1215999
 

Information is deemed to be correct but not guaranteed.