Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Three… Read More units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset! Read Less
Property listed by Sage Real Estate Group, Inc., Cody Charnell 562-896-3851
Listing Snapshot
Days Online
53
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1923
MLS Number
PW25059042
Additional Details
Building
Built in 1923, Building area total: 4,690, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
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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