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In-PersonVirtual Tour
$ 2,200,000
Est. payment | /mo
12 Beds
12 Baths
6,402 SqFt
$ 2,200,000
Est. payment | /mo
12 Beds
12 Baths
6,402 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,402 sqft
Price per Sqft $343
MLS Listing ID 25543757
Bedrooms 12
HOA Y/N No
Year Built 1948
Lot Size 6,773 Sqft
Property Description
PRICED TO SELL. 9.4 GRM AND 7.1% CAP against in-place rents with upside to 9.0 GRM. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not being used. Qualified Buyers can put as little as 30% down. Loan quote provided by David Guevara. Momenta Capital Group. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4N
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269041020
Special Listing Condition Standard
Listed by Jonathan Swire The Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "