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4525 Pasadena AVE Long Beach, CA 90807
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Bixby Knolls (Bk)
MLS Listing ID DW22101428
Sold Date 07/27/22
HOA Y/N No
Year Built 1945
Lot Size 5,201 Sqft
Property Description
Welcome to your new home and best investment opportunity, all in one flex property! This property consists of two full sized homes with an
addition that was built for a third unit in mind. 70% of this property is brand new 2022 construction, built with the newest building code, fully
permitted, engineered, and certified energy efficient. The opportunities are endless. Live in one full sized home and take the addition as your full-size
office, rent the second full sized home. Or Live in one full sized home, rent the other full-size home, and have a second rental in your backyard
as Junior ADU. Designed by a renowned house hack and luxury designer, this home will help you keep your living cost low while building tons of
equity. No matter where you are in your stage of your life; you won't ever have to burden the full heavy weight of all the mortgage with so many
options in your hands. You could be an investor who wants a turnkey duplex or triplex. Maybe you're a savvy young professional who wants to
build equity and live communally. Or, you have a big extended family who's been looking for a haven for everyone to stay together; the
opportunities are endless here. Designed with the ACE hotel as inspiration, each material chosen and installation here are luxurious. From the
herringbone ceramic floor, custom graphic tiled bathrooms, steel barn doors, custom welded + powder coated closet fixtures/gating, high end LED
luminaries, imported wood facade from the island of Borneo. We went out of our way to use materials that you would only see in 5-star hotels and
luxury homes. But since we know beauty is nothing without function, we'd like to showcase the smart functions we installed as well. Dual
pane/argon gas windows Low-E, tempered glass partitions, PAID solar panels for the second full sized home, gutters which lead to LID water
conserving planters, permeable pavers for LID engineering as well. R-30 ceiling insulation, R-15 + R-18 wall insulation, fulfilling title 24 energy act
we were prescribed. Did we mention that the gas and electric panels are separated for easy accounting? A property like this is once in a lifetime.
The measure, planning, and action taken to build such a smart investment is intensive. Make sure you check out our house hack cost breakdown to
really comprehend how much of a value this property is. You won't find another one like it, so come see it today!
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR1N
Interior
Fireplace No
Laundry In Kitchen
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7134012022
Acceptable Financing Conventional, Fannie Mae
Listing Terms Conventional, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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Bought with Joshua Glaz • Your Realty Inc.