Now available in one of Long Beach’s most affordable and high-demand rental neighborhoods, this charming 10-unit Spanish-style apartment building offers a rare blend of character and cash flow. The property features (9) studio units and (1) 1-bedroom/1-bath unit along with a convenient on-site laundry room. With a strong annual gross… Read More income of $183,780 and an attractive 6.0% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location. Read Less
Listing Snapshot
Days Online
19
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1923
MLS Number
PW25157783
30 Days Snapshot Of 90813
$617k
+25%
(avg) sold price
4
-33%
homes sold
85
-46%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 3,616, Levels: One, 1 story, 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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