Long Beach, CA90810
| 5283 sqft | MLS# 25525531
Tract:
For Sale $1,570,000
Description
PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM.
Facts
| Built in 1963 | Lot Size: 5651.00 sqft | HOA Dues: $0/month
Features
Listing provided by Jonathan Swire, The Agency
Based on information from California Regional Multiple Listing Service, Inc. as of August 3, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
