1755 Sherman, Long Beach, CA 90804
1755 Sherman, Long Beach, CA 90804
1755 Sherman, Long Beach, CA 90804
1755 Sherman, Long Beach, CA 90804
1755 Sherman, Long Beach, CA 90804
1755 Sherman, Long Beach, CA 90804
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 2,999,999
Est. payment | /mo

5 Beds

5 Baths

8,514 Sqft Lot

Save
$ 2,999,999
Est. payment | /mo
Save

5 Beds

5 Baths

8,514 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID DW26165133

Bedrooms 5

Lot Size 8,514 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction From the I-405, exit Cherry Ave. Head south on Cherry Ave, turn left on Anaheim St, then right on Sherman Pl. Property is on the

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 7261006005

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

MLS Router / San Diego MLS
Listed by Jeanet Salazar, DRE#01473287 J A T S Enterprises, Inc. 

Nearby Locations

Travis Breton

"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

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