15 bedroom house for sale
$2,250,000 - Long Beach CA 90813Long Beach CA 90813
15 bedroom house for sale
- Beds: 15
- Baths: 8
- Price: $2,250,000
- Reference No.: 71795136
- Area: 5,112 sqft
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Overview
Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 5.8% and a GRM of 11.15 with an additional 8% in upside to a market cap rate of 6.5% and a 10.30 GRM. Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just completed at the rear of the property separated by a new turf courtyard. ADUs include mini-split AC units, in-unit laundry hookups, open concept kitchen/living areas, stainless steel appliances, high grade cabinets, quartz countertops, and full-sized bathrooms. Parking for 3-4 cars in the rear of the property. For more details and to contact: https://realtyww.info/homes_long-beach-d523493/for-sale_i71795136House Long Beach
This House for sale is located at Long Beach CA 90813. The home has 15 Bedroom and 8 Bathrooms. This 15 bedroom House in Long Beach CA is for sale for $2,250,000 .
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2024-05-13, Viewed 1 times.
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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.
2024-05-13, Viewed 1 times.
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