Description
Priced to sell. 8 units located on the east side of long beach - subject to ab 1482 rent control (5% + cpi increases). all units are in very good condition. 10.6 grm and 6.3% cap on in place rents, with upside to a 6.7% cap. and only $301/sf. the property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. electrical subpanels were updated in 2024. the main panel is 200 amps (buyer to verify). most units have w/d hookups. there are 4 garages on the front of the property. units have individual waters heaters. email la for more info including a current rent roll and setup.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48398461
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 18
Bathroom Information
- Total Baths: 10
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 6,810
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1475
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6423
-
Listing Information
Listing Price Information
- Original List Price: 2,049,000
- Listing Contract Date: 2025-01-16
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 7260023010
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 3 - Eastside, Circle Area
- Directions: 8 units on the East Side of Long Beach.
- Zoning: LBR2N
- Source Property Type: Residential Income
- Area: 3 - Eastside, Circle Area
Building and Construction
- Property Age: 62
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6810
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/30/2025 @ 10:19
- MLS: 25484309
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 18 bedrooms which is for sale, it has 6,810 sqft, 6,423 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90804, this Los Angeles County Home , it is in the Circle (CA) Subdivision, are nearby neighborhoods.