1136 E Alhambra Court, Long Beach, CA 90813
List Price: $1M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 1,790 sq ft
Private Pool: Yes
MLS Number: IN26156931
About This Property
1136 E. Alhambra Court is a well-maintained fourplex featuring immediate value-add upside. 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 3.5% 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.
Listing provided by: Tyson Storr DRE #02179872 562-624-4400 Tyson@buckinghaminvestments.com, Buckingham Investments, Inc.
Source: CRMLS, MLS #: IN26156931
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.