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$1,000,000
Est. payment /mo
4 Beds
1,790 Sqft Lot
New
1136 E Alhambra Court Long Beach, CA 90813
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IN26156931
Bedrooms 4
Lot Size 1,790 Sqft
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction PCH and Cherry
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7268017011
Acceptable Financing Exchange
Listing Terms Exchange

Listed by Tyson Storr, DRE#02179872 Buckingham Investments, Inc.
NEARBY SCHOOL & BUSINESS
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