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494 496 E Sunset Street, Long Beach, CA 90805
$716,666
494 496 E Sunset Street, Long Beach, CA 90805View this property at 494 496 E Sunset Street, Long Beach, CA 90805
494 496 E Sunset StreetLong BeachCA90805
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Property Description
494-496 E Sunset St is an excellent investment opportunity tucked away in a quiet neighborhood corner of North Long Beach. This is a unique opportunity to own two identical duplexes on adjacent lots. The property consists of four 1bd/1ba units with ample parking and a 2-car garage in the back that provides ADU potential*, and the asset offers rental upside of +/- 12%. Just a short drive from the numerous grocery stores and vast selection of restaurants lining Atlantic Blvd., and a straight shot to the 710 and 91-Freeway junction, 494-496 E Sunset offers a fantastic level of convenience to its tenants. This property is listed separately but offers a unique opportunity to acquire 6 total units with the addition of the duplex at 491-491 ½ E 51st St that backs up to the property.
Full Property Details
Full Property Details for 494 496 E Sunset St
General
- Sold For: $716,666
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23211575
- Added to Site: 196 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: 7 - North Long Beach
- County: Los Angeles
- Development Name: 7 - North Long Beach
- Driving Directions: E Del Amo Blvd
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Square Feet: 1,848
- Year Built: 1954
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1581
- Lot Size Source: Assessor
- Zoning: LBR1N
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $387.81
- Price Per Unit: 206250
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
Listed and Sold by Keller Williams - Santa Monica, Robert Stepp
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Schools
Schools serving 494 496 E Sunset St
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5075 Long Beach Blvd, Long Beach, CA 90805 | PK-5 | 0.5 mi | |
5075 Daisy Ave, Long Beach, CA 90805 | 6-8 | 0.8 mi | |
6500 Atlantic Ave, Long Beach, CA 90805 | 9-12 | 1.6 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 494 496 E Sunset St
Date
Details
Price
Change
Source
2/08/2024
Sold
$716,666
-13.13%
MLS
11/20/2023
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.
494 496 E Sunset Street, Long Beach, CA 90805 (MLS# PW23211575) is a Multi-Family property that was sold at $716,666 on February 08, 2024. Want to learn more about 494 496 E Sunset Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.