Long Beach, CA 90814,331 Euclid AVE

$1,500,000

$1,525,000

1.6%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

2,500 SqFt


SOLD DATE : 02/04/2021

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $600

Subdivision Belmont Heights (Bh)

MLS Listing ID PW20259136

Sold Date 02/04/21

Bedrooms 5

Full Baths 4

Construction Status Additions/Alterations,Building Permit,Updated/Remodeled

HOA Y/N No

Year Built 1920

Lot Size 6,534 Sqft

Property Description

This Art Deco beauty is located on one of the quietest streets in Belmont Hts (Euclid dead ends at Colorado) and consists of a spacious 3 bedroom, 2 bath front home (1,775 s.f) plus an office / dining room (could be a 4th bedroom), a 480 s.f one bedroom apartment (with a small office sits atop the detached 2 car garage (alley access), and a legally permitted ADU studio (242 s.f). There is ample parking both in the front driveway and in the rear off of the alley. This property is ideal for both owner occupants or as an investment depending on your needs. The entire property was taken down to the studs and fully renovated (with permits) and brought up to current code. Upgrades include structural reinforemcents, new 3 panel / 400 amp electric meter, new roofs on all 3 structures, new windows, insulation and drywall, new HVAC, new plumbing (including main sewer line), new electrical, beautiful kitchens with gray shaker cabinets and quartz countertops and backsplashes, stunning Acacia hardwood flooring in the front house and laminate flooring in the back units, amazing Art Deco tile work in both bathrooms of the front house along with stunning tile around the amazing front door that really makes this house "pop". For investors, monthly income should exceed $7,250 per month and with all the renovations your repairs and maintenance costs will be near zero for many years to come. For owner occupants, buy the front house and get the 2 income units for almost nothing!

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR1N

Rooms

Basement Utility

Interior

Interior Features Ceiling Fan(s), Granite Counters, Recessed Lighting, All Bedrooms Down

Cooling Central Air

Flooring Laminate, Wood

Fireplaces Type Dining Room, None

Fireplace No

Laundry Laundry Closet, In Garage

Exterior

Parking Features Driveway, Garage, Garage Door Opener, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Wood

Pool None

Community Features Suburban

View Y/N No

View None

Roof Type Asphalt,Bitumen

Porch Covered

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Sprinklers In Front, Landscaped, Sprinklers Timer

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Multi/Split

New Construction No

Construction Status Additions/Alterations,Building Permit,Updated/Remodeled

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7255005021

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by William Smith • Bryant Drive Properties, Inc.
Bought with David Montgomery • Vestis Properties Inc.

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