2 bedroom house for sale
$2,367,000 - Long Beach CA 90804Long Beach CA 90804
2 bedroom house for sale
- Beds: 2
- Baths: 12
- Price: $2,367,000
- Reference No.: 70201468
- Area: 4,640 sqft
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Overview
Offered at a 5.79 percent cap rate on current rents, this offering is a great acquisition opportunity for an investor looking for strong in-place cash flow in Long Beachs desirable Eastside rental market. Assumable financing is available. 1043 Coronado Avenue is a 1923 construction with 11 studios and one two-bed/one-bath unit; most units are single-story floor plans and all are separately metered for gas and electricity. The property also offers on-site laundry and five garages that generate additional income. This asset is located in Eastside Long Beach, a strong-performing rental submarket, one block west of Redondo Avenue and within easy walking distance of a Food4Less-anchored shopping center and several dining options. This location offers tenants convenient access to Belmont Shore, freeways, and Cal State Long Beach. 1043 Coronado Avenue is offered along with 1048 Coronado Avenue, an eight-unit property located across the street; properties must be acquired together. These assets are part of a Long Beach portfolio sale along with 716 Raymond Avenue, a 16-unit asset that may be acquired separately. For more details and to contact: https://realtyww.info/homes_long-beach-d523493/for-sale_i70201468Advertisement
House Long Beach
This House for sale is located at Long Beach CA 90804. The home has 2 Bedroom and 12 Bathrooms. This 2 bedroom House in Long Beach CA is for sale for $2,367,000 .
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2024-04-04, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-04, Viewed 0 times.
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