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 not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
