920 Loma Avenue

Long Beach, CA 90804
$2,500,000
920 Loma Avenue is an 8-unit multifamily investment property located in the desirable Eastside submarket of Long Beach, California. Constructed in 1964, the 7,597 rentable square foot property consists of six two-bedroom/one-bath units, one two-bedroom/one-bath unit with a den, and one three-bedroom/two-bath townhouse. The unit mix provides a range ofRead MoreRead Less
Property listed by Marcus & Millichap RE Invest, Tyler Leeson [email protected]
Listing Snapshot
Days Online
115
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1964
MLS Number
OC25216008
Property Location Map
Additional Details
Building
Built in 1964, 1 building, 2 stories, Entry level: 1, Entry location: First level
Community
Curbs, Gutters, Sidewalks
Expenses
Electric: $3,075, Fuel: $3,077, Insurance: $8,000, Maintenance: $8,000, Operating: $77,032, Trash: $3,075, Water/Sewer: $3,075
Garage
4 spaces
Income
Gross Income: $196,620, Gross ScheduledIncome: $195,420, Net Operating Income: $113,726
Laundry
CommonArea
Lot
0.15 acres, StreetLevel
Parking
4 open parking spaces, 8 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7254014007, Lot: 0607
Utilities
Water Source: Public, 8 separate electric meters, 8 separate gas meters
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Monthly Payment
$0
Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.