1136 E Alhambra Court,Long Beach, CA 90813
Long Beach, CA 90813
Description
PRICE IMPROVEMENT - NOW OFFERED AT 11.8 GRM ON ACTUALS. PUT DOWN LESS THAN $50,000 WITH FHA FINANCING. Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.
Details
| MLS # | IN26156931 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 98 |
| Listing Provided By | Buckingham Investments, Inc. | Tyson Storr |
Features
| SQ Feet | 2,368 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.04 |
Exterior
| Lot Features | Cul De Sac |
|---|
Parking
| Parking Features | On Street |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 9 Poly High |
| Community Name | Cambodia Town |
| Listing VS Median (in Cambodia Town) | |
Price: $950,000 low | high Med: $950,000 sqft: 2,368 low | high Med: 2,368 $ / sqft: $401 low | high Med: $401 On site: 98 low | high Med: 98 | |
Market Activity 90813
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 9 Poly High |
| Community Name | Cambodia Town |
| Listing VS Median (in Cambodia Town) | |
Price: $950,000 low | high Med: $950,000 sqft: 2,368 low | high Med: 2,368 $ / sqft: $401 low | high Med: $401 On site: 98 low | high Med: 98 | |
