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1017 E Rhea Street, Long Beach, CA 90806
$795,000
1017 E Rhea Street, Long Beach, CA 90806View this property at 1017 E Rhea Street, Long Beach, CA 90806
1017 E Rhea StreetLong BeachCA90806
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Property Description
Back on the Market. Buyer did not perform. This triplex consists of a front house with 3 bedrooms, 2 bathrooms, a detached 2-car garage, and a separate building with two one bed, one bath units in the back. Two-car garage could be a possible ADU (buyer to do their own due diligence on the possibility of ADU). The front house bathrooms and kitchen were recently upgraded. Each unit enjoys a private yard and their own private access. The kitchen of 1021 was also upgraded about 2 years ago. The roof was redone in 2011 with 30 year shingles. All tenants are long term, are current on rent, and have never missed rent or paid late. A long driveway provides additional parking for several cars. Close to schools including LBCC, restaurants, transportation, and major employers. Great opportunity for an investor to add to their portfolio with a solid investment, or for a buyer that would like to live in one unit and use the rental income to help with the mortgage.
Full Property Details
Full Property Details for 1017 E Rhea St
General
- Sold For: $795,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW21231654
- Added to Site: 930 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Interior Features: Ceiling Fan(s), Unfurnished
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: Tile
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 1
- Parking Features: Driveway, Garage
- Parking: Driveway, Garage
Location
- Area: 9 - Poly High
- County: Los Angeles
- Development Name: 9 - Poly High
- Driving Directions: PCH to MLK MLK North right on Rhea Check GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Architectural Style: Colonial, See Remarks
- Foundation: Brick/Mortar
- Roof: Mixed
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,558
- Year Built: 1953
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1381
- Lot Size Source: Assessor
- Zoning: LBR1N
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $510.27
- Price Per Unit: 275000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Exclusions: tenants personal items
- Inclusions: Stoves
Listed by First Team Real Estate, Gustavo Arias
Sold by Corcoran Global Living, Saleha Hoque
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Schools
Schools serving 1017 E Rhea St
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2285 Walnut Ave, Signal Hill, CA 90755 | PK-5 | 0.6 mi | |
1951 Cherry Ave, Signal Hill, CA 90755 | 6-8 | 0.7 mi | |
1600 Atlantic Ave, Long Beach, CA 90813 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1017 E Rhea St
Date
Details
Price
Change
Source
2/25/2022
Sold
$795,000
-3.64%
MLS
10/19/2021
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1017 E Rhea Street, Long Beach, CA 90806 (MLS# PW21231654) is a Multi-Family property that was sold at $795,000 on February 25, 2022. Want to learn more about 1017 E Rhea Street? Do you have questions about finding other Multi-Family real estate for sale in Poly High? You can browse all Poly High real estate or contact a Coldwell Banker agent to request more information.