$2,999,999

Multi Family In Long Beach

  • 5 Beds
  • 5 Baths
  • 8,516 Sqft lot
  • Updated: August 7
  • Source:
    San Diego MLS  MLS#DW26165133

About the Property

$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom
$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.
  • Property type

    Other

  • Floors

    3

Features

  • Garden
  • City View
  • Gas Stovetop
  • Investment Property
  • Balcony
  • Stone Countertops

Explore the Area

1755 Sherman, Signal Hill, California, United States View on Google Maps
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J A T S Enterprises, Inc. - Downey

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J A T S Enterprises, Inc. - Downey
California, United States
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1
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2025
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J A T S Enterprises, Inc. - Downey
Downey, California, United States
View agency profile
Last updated
August 7
First listed
Jul 30
Listing reference
DW26165133
Listing status
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