440 N Zona Ct Long Beach, CA 90802
Property Features for 440 N Zona Ct
General Information
- Property type
- Investment
- Standard status
- Pending
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1940
Source:
Elliman
Listing Agent: Josh Ess
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Four-Unit Property Near Beach
This four-unit property is located on a quiet street blocks from the beach and downtown area. The property features a front one-bedroom, one-bathroom bungalow and three studios in the rear. The front house retains historic character with hardwood floors, craftsman built-ins, and large windows. It also includes a renovated bathroom, kitchen, dining room, service porch, and interior paint. The three studios in the rear are well laid out with separate entrances, full-sized bathrooms, and kitchens. Upgrades from 2020 include newer electrical panels, a new roof on the front house, a refreshed roof on the back structure, full exterior paint, and remodeling of the front house and one studio. The property is separately metered for gas and electric. Situated in Alamitos Beach, it is just outside of Downtown Long Beach's East Village Arts District, on a small, quiet side street with historic properties. The location is four blocks from the beach, less than a block from downtown, and a few blocks from Retro Row. The Walk Score is 94.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1803951
- Latitude
- 33.7725496
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four units near the beach and downtown Long Beach.
Where is this quadplex located?
The property is located at 440 N Zona Ct Long Beach, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: - Excellent location: 4 blocks from the beach, less than a block from Downtown, and close to Retro Row (Walk Score 94).; - Income property: Well-priced at 12.8X GRM with a 9% upside to 11.8X GRM and over a 5% cap rate.; - Four units: Front one-bedroom bungalow plus three rear studios.
