Explore the potential of this mixed-use property located in the highly sought-after Belmont Heights, an ideal choice for an owner-user or investor. This unique lot features both commercial and residential spaces that are in turn-key/like new condition. The front unit, addressed as 4141, offers approximately 550 sq. ft. of office or retail space. Currently rented at $3,000 per month, which is below market value, it includes a main room, a full bath, a kitchenette, and two additional rooms. This unit can also be rezoned to residential with some city-mandated "egress" modifications. The rear unit, addressed as 4147, is a cozy single-family home with two bedrooms and one bathroom, spanning approximately 571 sq. ft. residential unit backs up to Greenbelt Park and is very quiet with no immediate neighbors. It has been successfully utilized as an Airbnb, generating gross rents of approximately $72,000 in 2023, which averages just under $6,000 per month. Both units combined generate an average rental income of $9,000 per month before expenses. The list price includes the real estate, all contents, furnishings, appliances, artwork, kitchen utensils, the business LLC (Pilgrim's Way under which the Airbnb operates), and the City’s STR (Short Term Rental) license, which is renewed annu
MLS #
CRSB24093615
MLS Source
California Regional MLS
Days on Site
25
Buyer's Brokerage Compensation*
2.00
Appliances
Other
Cooling
Central Forced Air
Heating
Forced Air
Pool
None
Garage/Parking
Other, Garage: 0 Car(s)
Listing Agent
Leonard LaRocca
Compass
License #: 01401046
Phone: (310) 698-6444
Co-Listing Agent
Teodora Panayotova
Compass
License #: 01715774
Phone: (760) 408-4825
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 2 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 575 | – | 0/0 | – |
4141 E 7th St is a Duplex in Long Beach, CA 90804. This – square foot property sits on a 2,659 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,000 and was built in 1958.
This address can also be written as 4141 E 7th St, Long Beach, CA 90804.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 25, 2024. For the most current information, please contact Leonard LaRocca, (310) 698-6444