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1136 E Alhambra Ct, Long Beach, CA, 90813

4beds
4baths
2,368sqft
$1,000,000
$422price/sqft
$6,315/moest. monthly cost
$252,600/yrincome needed

About This Home

Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

Getting Around

93
WalkingWalker's Paradise
61
TransitGood Transit
71
BikeVery Bikeable

Schools

5/10
7/10
Polytechnic High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1923

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 2,368
  • Total interior livable area: 2,368 sqft

Property

Details

  • Parcel number: 7268017011
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None

Lot

  • Lot size: 1,790 sqft
  • Features: Cul-De-Sac

Parking

  • Parking features: On Street