Pat Swanson
This listing was posted on RealtyWW.
$1,245,000
Home For Sale In Long Beach, California
Price:
$1,245,000
BR/BA:
7 BR, 5 BA
Location:
1126 E Arcadia Ct, Long Beach, CA
Description:
Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.01% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i70111489
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a Seven Bedroom 5.5 Bath Single-Family Homes for Sale at 1126 E Arcadia Ct in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1126 E Arcadia Ct by searching Oodle Classifieds for Seven Bedroom 5.5 Bath Single-Family Homes for Sale in Long Beach CA.
Home For Sale In Long Beach, California is a Seven Bedroom 5.5 Bath Single-Family Homes for Sale at 1126 E Arcadia Ct in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1126 E Arcadia Ct by searching Oodle Classifieds for Seven Bedroom 5.5 Bath Single-Family Homes for Sale in Long Beach CA.