PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer… Read More to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM. Read Less
Listing Snapshot
Days Online
87
Last Updated
Property Type
Other
Beds
14
Square Ft.
5,283
Lot Size
0.13 Acres
Year Built
1963
MLS Number
25525531
30 Days Snapshot Of 90810
$741k
+14%
(avg) sold price
11
+37%
homes sold
59
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1963, Building area total: 5,283, Levels: Two, Living area: 5283, 2 stories, 1 building
Cooling
None
Garage
4 spaces
Heating
WallFurnace
Income
Gross income: $158,000, Net operating income: $97,000
Lot
0.1297 acres, 5,651 square feet, Size: 5,651
Parking
4 totals parking, Assigned
Property
Zoning: LBR1N
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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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