PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP… Read More EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP. Read Less
Property listed by The Agency, Jonathan Swire 424-230-3700
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
19
Square Ft.
6,678
Lot Size
0.17 Acres
Year Built
1959
MLS Number
25484395
Additional Details
Building
Built in 1959, Building area total: 6,678, Levels: Two, Living area: 6678, 2 stories, 1 building
Cooling
None
Heating
WallFurnace
Income
Gross income: $250,000, Net operating income: $160,000
Lot
0.1744 acres, 7,596 square feet, Size: 7,596
Parking
8 open parking spaces, 8 totals parking, Assigned
Property
Zoning: LBR3S
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
