Description
Great Price Improvement with great cash flow! Large 4-unit property in upper downtown Long Beach. Great unit mix that is rare to find. Front home features 5 bed 2.5 bath earlier built recently remodeled in 2022, and with 3 newer 2 bed 1 bath units in back, with granite counter tops located over the huge carport area with plenty of parking for guests or tenants (built in 1989). All tenants are MTM with rent way under market. Property completely gated with brand new wood fence in front young ones can play in front or backyard with ease and privacy. Conveniently located to 710 and 405 freeways. Possible room for an ADU. Perfect for owner user, first time investor or a 1031 Buyer. Current gross income of $96,132 in place, with proforma potential to be $132,000 yearly gross.
Location
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 26th March, 2023 9:31 PM (UTC)
Listing Agent: Samir Rai
Listing Office: Keystone Realty Group
