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$ 2,450,000
Est. payment | /mo
11 Beds
10 Baths
5,066 SqFt
$ 2,450,000
Est. payment | /mo
11 Beds
10 Baths
5,066 SqFt
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,066 sqft
Price per Sqft $483
Bedrooms 11
Full Baths 10
Lot Size 6,053 Sqft
Property Description
Fantastic investment opportunity in the heart of Long Beach! This fully occupied 10-unit apartment building offers a steady income stream and excellent rental potential. The property consists of nine (1 bed, 1 bath) units and one (2 bed, 2 bath) unit, providing diverse rental options for tenants.
Located in a high-demand rental area, this well-maintained building is close to shopping, dining, and public transportation. With strong cash flow and long-term growth potential, this is an ideal addition to any investor's portfolio.
Rents:
$1855
$1522
$1522
$1522
$1468
$1600
$1599
$1400
$1586
$1651
Analysis:
Gross Income: $188,700
Expense: $13,800
Net Operating Income: $174,900
Operating Expense: $13,800
Annual Expense:
Electric $600
Trash: $4,800
Water/Sewer: $4,800
Insurance: $3,000
Total Operating Expense: $13,200
Don't miss out—schedule a viewing today!
Located in a high-demand rental area, this well-maintained building is close to shopping, dining, and public transportation. With strong cash flow and long-term growth potential, this is an ideal addition to any investor's portfolio.
Rents:
$1855
$1522
$1522
$1522
$1468
$1600
$1599
$1400
$1586
$1651
Analysis:
Gross Income: $188,700
Expense: $13,800
Net Operating Income: $174,900
Operating Expense: $13,800
Annual Expense:
Electric $600
Trash: $4,800
Water/Sewer: $4,800
Insurance: $3,000
Total Operating Expense: $13,200
Don't miss out—schedule a viewing today!
Location
State CA
County Los Angeles
Listed by Brian Ngoy • Ngoy Realty Group | EXP Realty | PGI Estates
Nearby Locations
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