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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
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bixby Knolls (Bk)
MLS Listing ID DW22099507
Sold Date 07/27/22
Bedrooms 6
Full Baths 4
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
Rooms
Main Level Bedrooms 6
Ensuite Laundry In Kitchen
Interior
Interior Features All Bedrooms Down
Laundry Location In Kitchen
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry In Kitchen
Exterior
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Long Beach Unified
Others
Senior Community No
Tax ID 7134012022
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Joshua Glaz • Your Realty Inc.