About This Home
This 4-bedroom, 4-bathroom multi-family at 1136 E Alhambra Court in Long Beach, CA is listed for $950,000. Built in 1923, on a 0.04 acres lot.
Key Features
- Built in 1923
- 0.04 acre lot
- 2 stories
Property Details
1136 E Alhambra Court is a well-maintained four-unit multifamily property offering immediate value-add potential and stable operational history. 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 progr
ams requiring as little as 5% down, which can be paired with an available $15,000 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.
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1136 E Alhambra Court
Long Beach, CA 90813
Other (OTHR)
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 1136 E Alhambra Court is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1923, 0.04 acre lot, 2 stories.
This property is listed by Tyson Storr and can be reached at 4242122321.