309 E Louise Street, Long Beach, California 90805, Long Beach, 90805 - bed, bath

ACTIVE$799,999
309 E Louise Street, Long Beach, California 90805
0Bed
0Bath
2,562Sqft
6,179Lot
Year Built
1949
Close
-
List price
$800K
Original List price
$899K
Price/Sqft
$312
HOA
-
Days on market
-
Sold On
-
MLS number
PW24211181
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $800.0K(29th), sqft - 2562(77th), beds - undefined(50th), baths - undefined(50th).
Great price for a fourplex in North Long Beach! Each unit features one bedroom, one bathroom, a spacious living room, and a good-sized kitchen. The property includes a driveway, a large lot, and a detached garage. One unit has been recently remodeled with modern updates, while the other three units are in need of updating. This property is conveniently located near Adams Elementary School, freeways, shopping centers, and parks
Price History
Date
Event
Price
09/06/07
Sold
$638,000
03/09/06
Sold
$619,000
08/05/05
Sold
$600,000
12/20/96
Sold
$143,500
Condition Rating
Fair
The property was built in 1949 and the description indicates that only one unit has been recently remodeled, while the other three are in need of updating. The images show a mix of updated and outdated features. The kitchens and bathrooms in the unremodeled units likely require updates. Given the age and mixed condition, a 'fair' rating is appropriate.
Pros & Cons
Pros
Income Potential: Fourplex property offers immediate income potential in a desirable North Long Beach location.
Location: Conveniently located near schools, freeways, shopping centers, and parks, enhancing tenant appeal.
Remodeled Unit: One unit has been recently remodeled, providing a modern and attractive living space that can command higher rent.
Cons
Renovation Needs: Three of the four units require updating, potentially incurring significant renovation costs.
Age: Built in 1949, the property may require ongoing maintenance and repairs associated with older buildings.




