1323 Walnut Ave
long beach, CA 908131 599 000 USD
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PRICE IMPROVEMENT - NOW OFFERED AT A 10.4 GRM AND 6.1 CAP RATE ON ACTUALS. Great turnkey investment opportunity in a high-demand Long Beach rental market. This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.
Detaljer
3,888 Sq Ft
6,362 Sq Ft Partistørrelse
investering
Bygget i 1922
MLS/Oppførings-ID IN26149247
2 Historier
6 Enheter
Fasiliteter og funksjoner
Community - Sidewalks
Community - Urban
Parking - Gated
Public Sewer
Public Water
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TOTAL MÅNEDLIG KOSTNAD
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- PRINCIPAL & INTEREST
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- EIENDOMSSKATT
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- Fellesutgifter
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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.