$1,595,000

Multi Family In Long Beach

  • 5 Beds
  • 4 Baths
  • 6,217 Sqft lot
  • Updated: Today
  • Source:
    San Diego MLS  MLS#SB26196309

About the Property

Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community
Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.
  • Property type

    Other

  • Floors

    2

Features

  • Garage
  • Renovated
  • Walk In Closet
  • Laundry Room
  • Balcony
  • Parking
  • Stone Countertops

Explore the Area

3622 E 11th, Signal Hill, California, United States View on Google Maps
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Buckingham Investments, Inc - Torrance

Joined 10 months ago
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Buckingham Investments, Inc - Torrance
California, United States
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7
Listings
2025
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Buckingham Investments, Inc - Torrance
Torrance, California, United States
View agency profile
Last updated
Today
First listed
Sep 9
Listing reference
SB26196309
Listing status
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