$1,800,000

Multi Family In Long Beach

  • 2 Beds
  • 4 Baths
  • 3,751 Sqft lot
  • Updated: October 21
  • Source:
    San Diego MLS  MLS#SB26098575

About the Property

Available again! Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Almost all units have been remodeled. Low maintenance building with very little gardening required. This property is located only 3 blocks from the b
Available again! Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Almost all units have been remodeled. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don’t miss out on this incredible opportunity! Offering memorandum in supplemental materials. Three vacancies as of 10/20/26 that are in process of getting filled.
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  • Property type

    Other

  • Floors

    2

Features

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227 Lime, Signal Hill, California, United States View on Google Maps
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Buckingham Investments, Inc - Torrance

Joined 12 months ago
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Buckingham Investments, Inc - Torrance
California, United States
View agency profile
9
Listings
2025
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Buckingham Investments, Inc - Torrance
Torrance, California, United States
View agency profile
Last updated
October 21
First listed
May 7
Listing reference
SB26098575
Listing status
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