13 Units located on the West Side of Downtown Long Beach. The property was completely vacated and remodeled in 2018, including all new electric, roof and completely redone units. Over $400K was spent. Units are in beautiful condition and stay rented all the time. The property is professionally managed. Take advantage of excellent financing with 30% down and earn over 7.5% cash on cash against in place rents, with upside to a 5.3% CAP by leveling all rents to market. The building is located just blocks from Down Town Long Beach where over $8BB of Redevelopment is occurring. Walkscore of 90. Contact LA for complete OM with a Rent Roll.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
