NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.9%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.
Number of Units : 10
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 2
Unit 1 : Total Bathrooms : 1
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 2
Unit 2 : Total Bathrooms : 1
Unit 3 : Number of Unit(s) : 3
Unit 3 : Total Bedrooms : 2
Unit 3 : Total Bathrooms : 1
Unit 4 : Number of Unit(s) : 4
Unit 4 : Total Bedrooms : 1
Unit 4 : Total Bathrooms : 1
Neighborhood : South
Exterior : Stucco
Site : Curbs,Sidewalks
Roof : Composition
Zoning : Assessor
Street Address: Address not disclosed
City: Long Beach
State: California
Postal Code: 90806
County: Los Angeles
MLS Number: PW24201464
Courtesy of Amberwood Real Estate, Inc.
City: Long Beach
State: California
Postal Code: 90806
County: Los Angeles
MLS Number: PW24201464
Courtesy of Amberwood Real Estate, Inc.
Courtesy of Keller Williams Realty Downey
