1136 E Alhambra Court, Long Beach, CA 90813
- $1,000,000
Listing courtesy of Listing Agent: Tyson Storr (Tyson@buckinghaminvestments.com) from Listing Office: Buckingham Investments, Inc..
- List Price
- $1,000,000
- Status
- ACTIVE
- Days on Market
- 22
- MLS#
- IN26156931
- Subtype
- Residential Income
- Year Built
- 1923
- Lot Size
- 1,790
- Acres
- 0.04
- Subdivision
- Cambodia Town
- Neighborhood
- Cambodia Town
- MLS Area Major
- Poly High (9)
Property Description
1136 E. Alhambra Court is a well-maintained fourplex featuring immediate value-add upside. 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 3.5% 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.
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Additional Information
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- On Street
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.