Residential Income Details
This investment opportunity is located in northwest Long Beach, CA, just off Pasadena Avenue and California’s historic Pacific Coast Highway. The Four-Plex consists of three (3) 1 bedroom/1 bath units, each roughly 755 SF, and one (1) studio unit at approximately 330 SF. Some amenities of the property include each of the units having individual water heaters, are separately metered for gas and electricity, and have three (3) total attached garages. Recently, one unit has been completely remodeled with renovations including a brand new kitchen and bathroom. A new investor has the opportunity to collect stabilized HUD-VASH rents, have the peace of mind knowing the units have been well maintained and regularly pass the yearly Section 8 inspections, and most importantly feel great about housing our U.S. military veterans and their families.
|Number of Units||4|
|Listing Brokerage||Brett Bayless, Broker|
|Listing Agent||Brett Bayless|
|Listing Agent BRE #||01718244|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 27, 2018.
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