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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 2,999,999

Est. payment | -/mo

8,515 Sqft Lot

Save

$ 2,999,999

Est. payment | -/mo

Save

8,515 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID DW26165133

HOA Y/N No

Year Built 1987

Lot Size 8,515 Sqft

Property Sub-Type Single Family Residence

Property Description

$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters.

Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Fireplace No

Laundry Laundry Room, Outside

Exterior

Garage Spaces 16.0

Garage Description 16.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description Level, Paved, Rectangular Lot

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7261006005

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Submit

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Submit

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jeanet Salazar J A T S Enterprises, Inc. 323-356-3638, DRE #01473287

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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1755 Sherman Long Beach, CA 90804