The perfect investment opportunity in an excellent area. "The Ravenna Building", is a 4 unit building located in the great Eastside part of Long Beach. This property offers a solid tenant base with low vacancy rates. Beautifully maintained, gated sparkling pool and a well-manicured lawn with surrounding trees. New parking asphalt. The building has been well maintained with all units in good conditions. Consisting of 3 large one-bedrooms and 1 large two-bedroom/two-bathroom townhouse with it's own private balcony, fireplace, enclosed patio and laundry closet with dishwashers in each unit- all separately metered for gas and electric. There are 4 attached garages with newly installed automatic garage door openers. Additionally, there are 4 extra off-street parking spaces, ideal for added income. This is a great opportunity for an investor looking to add-value and capture strong potential rental upside. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, CSULB, freeways, schools, Belmont Shore and Downtown Long Beach.owners might be open to sell all 3 buildings to the right buyers at $4m best offer.
DAYS ON MARKET
|
134
|
LAST UPDATED
|
4/5/2021
|
TRACT
|
Circle (CA)
|
YEAR BUILT
|
1963
|
COMMUNITY
|
3 - Eastside, Circle Area
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Jan 17, '21
|
$1,299,000
|
Jan 17, '21 - Jan 24, '21 |
$1,275,000
|
Jan 24, '21 - Feb 27, '21 |
$1,250,000
|
Feb 27, '21 - Today |
$1,299,000 |
AREA |
3 - Eastside, Circle Area |
GARAGE |
Yes |
LOT |
6534 sq ft |
LOT DESCRIPTION |
Garden |
POOL |
Yes |
POOL DESCRIPTION |
Private |
SEWER |
Public Sewer |
STORIES |
2 |
SUBDIVISION |
Circle (CA) |
WATER |
Public |
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Listed with Keller Williams Pacific Estate
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/29/24 1:15 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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