NOTE: PROPERTY CAN BE SOLD INDIVIDUALLY OR WITH NEIGHBORING PROPERTY (APN 7210-021-013) High income 6 unit building in the heart of Long Beach. Corner lot building with a nice unit mix of 1's and 2 bedroom units presently fully occupied delivering high cash flow with stable tenants. Parking in… Read More the front. Sold AS IS with quality tenants and rents in place. Low price per square foot and high GRM/CAP representing a true cash flow asset. Do not miss! *Expenses are estimated at 35% of GSI. Income is actual Read Less
Property listed by Christian Milner Realty Group, Christian Milner 714-943-1489
Listing Snapshot
Days Online
92
Last Updated
Property Type
Mixed Use
Lot Size
0.1 Acres
Year Built
1924
MLS Number
SB25011947
30 Days Snapshot Of 90806
$993k
+27%
(avg) sold price
8
+33%
homes sold
104
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 4,675, 1 building, Common walls: NoCommonWalls
Community
Biking, Curbs, StreetLights, Sidewalks, Urban
Expenses
Insurance expense: $6,000, Operating expense: $49,308, Water sewer expense: $6,000
Income
Gross income: $140,880, Net operating income: $91,077
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.
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