Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.
5,765 Sq Ft
5,433 Sq Ft Μέγεθος παρτίδας
επένδυση
Ενσωματωμένο 1964
MLS/Αριθμός καταχώρισης PW26176341
10 Μονάδες
Heating - Wall Furnace
Cooling - Ceiling Fans
Recessed Lighting
Μη επιπλωμένο
Κοινόχρηστος χώρος
Flat
Φούρνος αερίου
Αεριοκουζίνα
Φούρνος μικροκυμάτων
Ψυγείο
Style - Traditional
Public Sewer
Public Water
Community - Curbs
Community - Street Lights
Slab
ΣΥΝΟΛΙΚΟ ΜΗΝΙΑΙΟ ΚΟΣΤΟΣ
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Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.