Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing… Read More and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach. Read Less
Property listed by Triqor Group, Christopher Walker chris.walker@triqorgroup.com
Listing Snapshot
Days Online
155
Last Updated
Property Type
Apartment
Lot Size
0.19 Acres
Year Built
1957
MLS Number
PW24241198
Additional Details
Building
Built in 1957, Building area total: 8,946, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Expenses
Operating expense: $86,059
Garage
6 spaces
Income
Gross income: $229,949, Net operating income: $143,890
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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