Average square foot calculated using Size range provided by listing agent.
Description
Now available in one of Long Beach’s most affordable and high-demand rental neighborhoods, this charming 10-unit Spanish-style apartment building offers a rare blend of character and cash flow. The property features (9) studio units and (1) 1-bedroom/1-bath unit along with a convenient on-site laundry room. With a strong annual gross income of $183, 780 and an attractive 6.0% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.Show Description
MLS® NumberPW25157783
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1923
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatWall Furnace
A/CNone
Heating Fuel
Extras
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