PRICED TO SELL. 10 units located blocks from Downtown Long Beach where over $8BB in Redevelopment is happening. Subject to AB 1482 Rent Control (5% + CPI increases). 3 structures on a the lot. All units have been heavily remodeled with new kitchens, baths, flooring and W/D's. 5.9% CAP and… Read More only $313/SF. Property has new windows, landscaping, lighting and garage doors and is professionally managed. Electrical was redone in 2020. All units have W/D's in them. 4 garages with additional parking for 4 cars outside. Garages are leased for $675/month total. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM. Read Less
Property listed by The Agency, Jonathan Swire 424-230-3700
Listing Snapshot
Days Online
4
Last Updated
Property Type
Other
Beds
14
Square Ft.
8,945
Lot Size
0.17 Acres
Year Built
1929
MLS Number
25491925
Additional Details
Building
Built in 1929, Building area total: 8,945, Levels: Two, Living area: 8945, 2 stories, 2 buildings
Cooling
None
Garage
4 spaces
Heating
WallFurnace
Income
Gross income: $250,000, Net operating income: $165,000
Lot
0.1723 acres, 7,506 square feet, Size: 7,506
Parking
4 open parking spaces, 8 totals parking, Assigned
Property
Zoning: LBPD10
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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.
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