8 bedroom house for sale
$1,450,000 - Long Beach CA 90813Long Beach CA 90813
8 bedroom house for sale
- Beds: 8
- Baths: 7
- Price: $1,450,000
- Reference No.: 72879388
- Area: 4,146 sqft
Advertisement
Overview
BACK ON THE MARKETWe are proud to present a good investment in a stong rental area of Long Beach. The mix is one larger 960 square foot two bedroom/one bath unit, over four garages with alley access. There are six one bedroom/one bath units, with the same 531 square foot floor plan contained in one easy to maintain garden style building. With the same continuous ownership for the last 36 years you know it is worth being the next in line to benifit from this property in your portfolio. The real value here is in the upside of the rents on an undervalued building of this size. At the proforma market rents, it will be a profitable 11.22 GRM. and 6.7 CAP. Please drive by to see the quality of the neighboring properties and single family residence. This apartment complex should prove to very inviting to educated investors. The most recently leased unit #1145 proves the $1, 495 proforma rents. Current rents are based on increases due to go in effect on March 1st. If any tenants choose to move, then the $1, 495 (1/1) or $1, 795 (2/1) market values, makes the numbers even better on the value added.House Long Beach
This House for sale is located at Long Beach CA 90813. The home has 8 Bedroom and 7 Bathrooms. This 8 bedroom House in Long Beach CA is for sale for $1,450,000 .
Disclaimer
2024-06-12, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-12, Viewed 0 times.
Search more listings
- Top 20 3 bedroom house for rent the woodlands tx tub
- Top 10 2 bedroom house for sale fort worth tx tub
- Top 20 3 bedroom house for sale crossville tn laundry
- Top 20 1 bedroom apartment for rent college park md hardwood floor
- Top 10 2 bedroom apartment for rent grande prairie ab transit
- Top 10 3 bedroom house for sale littleton co parking
- Top 20 3 bedroom house for sale morganton ga furnished
- Top 10 3 bedroom house for sale taylors sc fireplace
- Top 20 2 bedroom apartment for rent magnolia tx granite counter
- Top 10 3 bedroom apartment for rent thornton co carpet
- Top 10 3 bedroom house for rent little rock ar appliances
- Top 20 3 bedroom apartment for rent bronx ny dishwasher