Description
**Charming Duplex in Long Beach: Live & Earn in a Prime Coastal Location**
Discover this **quaint duplex** in the heart of Long Beach, perfectly suited for both homeowners and investors. This **move-in-ready property** offers a unique opportunity to **live in one unit and rent out the other,** providing a seamless blend of comfortable living and income generation. (Unit 1 is a 2 bdrm 1 bath. Unit 2 is a 1 bdrm 1 bath)
**Property Highlights:**
- **Dual Units:** Each unit features a private entrance, newer floors, and updated kitchens..
- **Outdoor Spaces:** The exterior features classic architectural details with a touch of bungalow coastal charm, complete with a well-maintained front yard.
- **Prime Location:** Situated in a desirable Long Beach neighborhood, with easy access to shops, restaurants, beaches, and public transportation.
**Why This Duplex is a Smart Investment:**
- **Rental Income Potential:** Generate steady income by renting out one unit while living in the other, significantly offsetting your mortgage.
- **Build Equity:** Use rental income to pay down your mortgage, steadily increasing your property equity.
- **Tax Benefits:** Take advantage of various tax deductions, including mortgage interest, property taxes, and maintenance costs.
- **Flexibility:** Manage your rental property with ease while enjoying the flexibility to rent out both units in the future.
- **Increased Value:** Maintain and update the property to boost its market value, ensuring a profitable sale down the line.
- **Community & Security:** Benefit from living close to your tenant, creating a safe and friendly community atmosphere.
This **versatile duplex** offers the perfect balance of **comfortable living and smart investment,** all within the vibrant, coastal city of Long Beach. Whether you're looking to establish a home base or expand your real estate portfolio, this property is a must-see!
**Schedule a viewing today** and take the first step toward owning a prime piece of Long Beach real estate that pays for itself!
Interior Details
- InteriorCeilingFans
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories1
Measurements
- Acres0.0615
Parking
- Parking Spaces1
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1923
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$799,000
Other
- MLS #OC24176786
Location
Legal
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 the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ricardo Perdomo (#OCPERDRIC)
Listing Office: UNQ Realty (#J01415)
Listing Courtesy (Buyer)
Buyer's Agent: Rick Rodriguez (#DWRODRIA)