$1,598,000

Multi Family In Long Beach

  • 6 Beds
  • 1 Baths
  • 6,090 Sqft lot
  • Updated: May 5
  • Source:
    San Diego MLS  MLS#PW26096551

About the Property

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housi
(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION
  • Property type

    Apartment

  • Floors

    2

Features

  • Renovated
  • Washer Dryer
  • Gate
  • Investment Property

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486 E Adair, Signal Hill, California, United States View on Google Maps
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Villa Real Estate Partners Inc - Westminster

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Villa Real Estate Partners Inc - Westminster
California, United States
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7
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2025
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Villa Real Estate Partners Inc - Westminster
Westminster, California, United States
View agency profile
Last updated
May 5
First listed
May 5
Listing reference
PW26096551
Listing status
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