7 bedroom house for sale

Overview

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

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

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