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4725 E Colorado Street Long Beach, CA 90814
Sold Price $1,600,000
List Price $1,595,000

Property listed by Re/Max R. E. Specialists, John Lindberg. IDX Contact: 562-493-3004

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Brennan Rose

Brennan Rose

Buyer’s Agent

CA DRE# 02025222

Property Description

Excellent Belmont Heights location, Two homes on a large lot (45′ x 150′), plus a detached Studio Apartment, with 2 Car Detached Garage. The Front house is a 2 Bedroom, 1 Bath Unit, fully renovated with completely remodeled kitchen, new cabinetry, and granite countertops, tiled backsplash, tastefully remodeled bathroom, with quality fixtures and ceramic tile, upgraded electrical, copper plumbing re-pipe, new hardwood floors, all newer dual pane windows. Newer appliances, refrigerator, stove, & dishwasher. This large 6,736 sqft lot provides a nice yard between the two homes. The back house is a 2 bedroom, 1 bath home, with completely remodeled kitchen and bath, upgraded electrical, copper plumbing. hardwood floors, and newer dual pane windows. The Studio Apartment, has a quaint living area, small kitchen and a 3/4 bath. There is a pull down ladder to a loft area for the bed. Front house has laundry hookups in the garage, back house & studio apartment share an outdoor laundry facility. Upgraded electrical panel w/ 4 meters.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1925

Property Access

  • City Street
  • Paved

Appliances and Equipment

  • Dishwasher
  • Gas Cooktop
  • Disposal
  • Gas Oven
  • Gas Range
  • Ice Maker
  • Refrigerator
  • Satellite Dish

House

  • 1 total stories
  • Built in 1925
  • Stories: 1
  • 1870 total building sqft
  • Bungalow
  • No Common Walls
  • Brick
  • Stucco
  • Wood Siding
  • Copper Plumbing
  • One

Community

  • Biking
  • Curbs
  • Golf
  • Gutter(s)
  • Sidewalks
  • Park

Cooling

  • Wall/Window Unit(s)
  • Attic Fan

Expenses

  • Electric Expense: $360
  • Operating Expense: $11,201
  • Other Expense: $5,717
  • Pest Control Expense: $648
  • Water Sewer Expense: $1,620

Exterior Features

  • Rain Gutters

Fence

  • Block
  • Wood

Floors

  • Wood

Foundation

  • Combination
  • Raised
  • Slab

Garage

  • 2 garage spaces

Heating

  • Floor Furnace
  • Wall Furnace

Income

  • Gross Income: 73800
  • Gross Scheduled Income: 73800
  • Net Operating Income: 61123

Interior Features

  • Block Walls
  • Ceiling Fan(s)
  • Pull Down Attic Stairs
  • Storage

Laundry

  • Common Area
  • Washer Hookup
  • Gas Dryer Hookup
  • Outside

Listing

  • Listing ID: PW22112627
  • 16 days on market
  • Listed on 2022-05-26
  • Rent controlled

Location

  • County: Los Angeles
  • Subdivision: Belmont Heights (BH)

Lot

  • 6736 sqft
  • 0.1546 acres
  • Area: 6736
  • Dimensions: 45×150
  • 0-1 Unit/Acre
  • Back Yard
  • Front Yard
  • Gentle Sloping
  • Sprinklers In Front
  • Lawn
  • Near Park
  • Rectangular Lot
  • Sprinklers Timer
  • Sprinkler System

Parking

  • 2 open parking spaces
  • 4 total parking spaces
  • Door-Single
  • Driveway
  • Garage

Possession

  • Close Of Escrow

Property

  • 2 buildings
  • 3 units
  • Two On A Lot
  • Updated/Remodeled

Roof

  • Composition

Security System

  • Smoke Detector(s)

Sewer

  • Public Sewer

Taxes

  • Annual Amount: $5,717

Tenant Pays

  • Electricity
  • Gas
  • Trash Collection

Utilities

  • Standard
  • 3 separate electric meters
  • 2 separate gas meters
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Windows

  • Double Pane Windows

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