< House Long Beach

7 bedroom house for sale

$1,245,000 - Long Beach CA 90813
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Long Beach CA 90813

7 bedroom house for sale

  • Beds: 7
  • Baths: 5
  • Price: $1,245,000
  • Reference No.: 70111489
  • Area: 2,886 sqft
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Overview

Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.01% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future. For more details and to contact: https://realtyww.info/homes_long-beach-d523493/for-sale_i70111489

Location

Long Beach CA 90813

7 bedroom house for sale

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This House for sale is located at Long Beach CA 90813. The home has 7 Bedroom and 5 Bathrooms. This 7 bedroom House in Long Beach CA is for sale for $1,245,000 .

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2024-04-02, Viewed 0 times.

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