Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
5,406 Sq Ft
6,227 Sq Ft Exterior Space
Apartment
$22,591 Annual Tax
Built in 1943
MLS/Listing ID PW24222871
2 Stories
8 Units
Lot - Rectangular Lot
Listing Courtesy of MORGAN SKENDERIAN, RICK APPLEBAUM
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE