2503 Santa Fe Avenue
2503 Santa Fe Avenue
$1,899,000
5
7
3,265
3,265
$582
Description
A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs. The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior...A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer at 6.24% cap rate. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs. The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810. This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area.
- Listed by Jocelyn Thav • DRE #01464845 • Brokerage DRE #01464845 • Jocelyn Thav, Broker • 562-787-3243
Property Details for 2503 Santa Fe Avenue
Parking Spaces Total
2
Private PoolNo
Cooling TypeWall/Window Unit(s)
Total Units6.0
Building TypeAttached
Lot Size SourceAssessor
Living Area3265
Assessor Parcel Number7402-004-026
Location
LISTING UPDATED: 04/20/2024 04:24 AM
Property Details for 2503 Santa Fe Avenue
Status | Active |
---|---|
MLS # | PW24076968 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1961 |
Lot Size | 0.19 AC / 8,485 SF |
County | Los Angeles County |
Location
Building Information for 2503 Santa Fe Avenue
Stories1Residences-Year Built1961Building Size-Lot Size0.19 AC / 8,485 SF
Payment Calculator
$10,963 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2503 Santa Fe Avenue
Property History for 2503 Santa Fe Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2503 Santa Fe Avenue
Taxable ValueLand$295,899Additions$177,536Total$473,435
Tax Record2023$7,188 ($599 / month)
Home Facts
Total Finished SqFt3,243 SqFtAbove Grade Finished SqFt3,243 SqFtStories1Lot Size8,567 SqFtStyleOffice BuildingYear Built1961ZoningLBCCACountyLOS ANGELESAPN7402-004-026
Schools near 2503 Santa Fe Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hudson K-8 PublicK to 8 | ||
Stephens Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Educational Partnership High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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