Residential Income Details
SELLER WILLING TO CARRY FINANCING FOR 2 YEARS!!! At only $217/sq. ft., this is one of the lowest sq.ft. prices in Long Beach. Clean landscaping. The property has 7 separate garages. Copper plumbing, newer roof and in very clean condition, this property has tremendous rental upside The property has a very achievable CAP of 5.7% and 12.36 GRM. Pride of Ownership Building that must be seen. The 5 units are huge - 1,650 sq. ft. 3 bedroom 2 bath Owner's Unit, with Fireplace and 2 parking spots. There are also Four 1,200 sq. ft. 2 bedroom + 2 bathroom units each with Fireplace and one parking garage. At over 50% Rental Upside Property can be making money immediately. 6,437 SF Building , 7,385 SF Lot (triple lot). Being close to the 91 and 710 Freeways it has great Freeway access. Laundry machines owned by Building. BRING ALL OFFERS!!
|Number of Units||5|
|Listing Brokerage||Keller Williams Beach Cities|
|Listing Agent||Michael Millea|
|Listing Agent BRE #||01069014|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 13, 2018.
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