1136 E Alhambra Court, Long Beach, CA 90813
- $1,000,000
List Agent Tyson Storr () Buckingham Investments, Inc.; CoList ()
- List Price
- $1,000,000
- Status
- ACTIVE
- MLS#
- IN26156931
- Year Built
- 1923
- Lot Size
- 1,790
- Lot Location
- Cul-De-Sac
- Days on Market
- 11
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Cambodia Town
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.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.