2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.
7,440 Sq Ft
0.4986 Private Acres Exterior Space
Investment
Built in 1929
MLS/Listing ID PW23229203
1 Stories
20 Units
Community - Sidewalks
Laundry Room
Listing Courtesy of KELLER WILLIAMS REALTY DOWNEY, ROBERT STEPP - 310-774-3740
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE