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Long Beach, CA 90802 17 Bonito Avenue

$1,579,000

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Presented By: Ellis Posner with Ellis Posner Real Estate; 310 975 5139
  • MLS# SB24017715
  • 02/01/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 4
  • FootageSQFT • 3,166

Home Details

Location, location, location. Don't miss out on this opportunity to add this unique asset to your portfolio. Four large 1 bedroom, 1 bath units in an updated building located just steps to the beach and close to everything that makes living in Long Beach desirable. This could be the special investment you've been looking for so look no further. Some of the updates over the years have included new electric wiring and panels, new plumbing and gas lines, and interior remodeling (btv). New roof less than a year ago. There's still lots of new development coming to the surrounding areas of Long Beach and this location is just a short distance to Belmont Shore’s “2nd street”, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for a smart investor looking for a prime asset in an A plus unbeatable location.
Presented By: Ellis Posner with Ellis Posner Real Estate; 310 975 5139

Interior Features for 17 Bonito Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 17 Bonito Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesUrban
ContingencyNone
CountyLos Angeles
Current FinancingConventional
Days on Market78
DirectionsOcean to Bonito
Entry LocationStreet
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense4000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet2150.0
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income55200.0
New ConstructionNo
Number of Units Leased2
Operating Expense30800.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameBonito
Subdivision NameAlamitos Beach (AB)
Tax Lot7
Tenant PaysElectricity
Total Units4
Trash Expense800.0
View Y/NNo
Water Sewer Expense2000.0
Waterfront Y/NNo
Year Built1918
Year Built SourceAssessor
ZoningLBR4R

Exterior for 17 Bonito Avenue

Building Area Total3166.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.0494
Lot Size Area2150.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,579,000
MLS#SB24017715
List Date 02/01/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors