16 bedroom house for sale
$2,895,000 - Long Beach CA 90807Advertisement
Overview
651 E. 46th Street is a 12-unit value add investment asset located in the Bixby Knolls neighborhood of Long Beach. The property offers a new investor 34% total rental upside potential for a 7.8% market cap rate. Situated on a 11, 154-square-foot lot, the building features all spacious units: (9) 1BD/1BA; (1) 2BD/1BA; (1) 2BD/2BA; and (1) 3BD/2BA. Additionally, the 100% electric building includes copper plumbing throughout. Onsite laundry provides a convenient facility for tenants and an added income stream for the owner. Ten (10) garages and two (2) surface spaces offer the potential to provide additional income as well as ADU opportunities. Located within steps to Aldi and other amenities, the property is also in close proximity to Atlantic Avenue's restaurants, coffee shops and amenities. In recent years the area has become a dynamic locale for exciting new businesses. The Bixby Knolls location offers convenient proximity to both the 710 and 405 freeways, providing quick and easy access to all areas of Southern California.Long Beach CA 90807
16 bedroom house for sale
- Beds: 16
- Baths: 14
- Price: $2,895,000
- Reference No.: 76800908
- Area: 10,062 sqft
House Long Beach
This House for sale is located at Long Beach CA 90807. The home has 16 Bedroom and 14 Bathrooms. This 16 bedroom House in Long Beach CA is for sale for $2,895,000 .
Disclaimer
2024-10-13, 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.
2024-10-13, Viewed 0 times.
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