494 East Sunset Street
Description
This beautifully renovated multi-unit property offers a fantastic investment opportunity in a sought-after area of North Long Beach. It consists of 2 attached 1-bedroom, 1-bathroom units and a newly constructed, standalone 3rd unit (built in 2024), providing spacious living arrangements for tenants or owner-occupants. Key Features:
Completely Remodeled: All units have been fully renovated inside and out with modern finishes. Upgrades...Gorgeous Remodeled 3-Unit Property in Desirable North Long Beach
This beautifully renovated multi-unit property offers a fantastic investment opportunity in a sought-after area of North Long Beach. It consists of 2 attached 1-bedroom, 1-bathroom units and a newly constructed, standalone 3rd unit (built in 2024), providing spacious living arrangements for tenants or owner-occupants. Key Features:
Completely Remodeled: All units have been fully renovated inside and out with modern finishes. Upgrades Include:
New flooring throughout
Brand-new roof
Fresh interior and exterior paint
Fully updated kitchens with new countertops and appliances
Renovated bathrooms with contemporary fixtures
Standalone 3rd Unit (Built in 2024): A spacious 1-bedroom, 1-bathroom unit with modern amenities. Individual Utilities: Each unit has its own electric meter and remote-controlled heating/cooling wall units, providing tenants with comfort and privacy. Vacant Units: 2 units are currently vacant, allowing you the flexibility to determine lease terms and conditions. Ideal for Owner-Occupant or Investor: Live in one unit and rent out the others for additional income. Prime Location:
Convenient Access to Amenities: Close to shopping centers, restaurants, and more. Proximity to Downtown Long Beach & the Beach: Just a short drive away from Long Beach's vibrant downtown area and the beach. Easy Airport Access: Long Beach Airport is only 13 minutes away, making travel a breeze. Buyer’s Responsibility: Buyer and their agents are advised to verify all property details and information independently.
- Listed by Badar Mansoor • DRE #01259428 • Brokerage DRE #01519644 • SMART SELL REAL ESTATE • 909-560-3262
Property Details for 494 East Sunset Street
Property Details for 494 East Sunset Street
| Status | Active |
|---|---|
| MLS # | CV24164695 |
| Days on Market | 105 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1954 |
| Lot Size | 0.08 AC / 3,655 SF |
| County | Los Angeles County |
Building Information for 494 East Sunset Street
Property Information for 494 East Sunset Street
- Tenant Pays: Electricity, Gas, Sewer, Trash Collection
- Gross Income: $67,200
- Gross Scheduled Income: $67,200
- Net Operating Income: $67,200
- Number Of Rented Garages: 0
- Cap Rate: 6.0
- Current Financing: FHA, Conventional
- Operating Expense: $0
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $0
- Tax Tract Number: 5134
- Tax Census Tract: 5717.04
- CFD/Mello-Roos Fee: $395
- Tax Lot: 1627
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Sidewalks, Street Lights
- Appliances: Gas Range
- Equipment: None
- Interior Features: Ceiling Fan(s), Laminate Counters
- Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
- Bedroom Features: All Bedrooms Down, Main Floor Bedroom
- Laundry: No
- Laundry Features: None
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Electric
- Heat Source: Electric
- Heating: Electric
- Flooring: Laminate
- Construction Materials: Unknown
- Exterior Construction: Other
- Roof: Shingle
- Entry Location: 1
- Fence: Yes
- Fence: Wood
- Fencing: Wood
- Foundation Details: Raised
- Property Condition: Turnkey
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 2-5 Units/Acre
- Number Of Units: 3
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric: Standard
- Water Source: Public
- Garage Spaces: 0
- Parking Garage: On street, Public
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Public, Street
- Builders Tract Name: North Long Beach
- Builders Tract Code: North Long Beach (NLB)
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,950
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2000
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,950
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2000
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2100
- Unit Type Type: 3
- Number Of Units Leased: 1
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 3
- Number Of Separate Gas Meters: 3
- Number Of Separate Water Meters: 1
- Number Wall AC: 3
Property History for 494 East Sunset Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 494 East Sunset Street
Schools near 494 East Sunset Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Dooley Elementary School PublicK to 5 | ||
Lindsey Academy Public6 to 8 | ||
Jordan High School Public9 to 12 | ||
IVA - Intellectual Virtues Academy Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of SMART SELL REAL ESTATE, Badar Mansoor, DRE #01259428
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.