John Mccann
This listing was posted on RealtyWW.
$1,800,000
Home For Sale In Long Beach, California
Price:
$1,800,000
BR/BA:
10+ BR, 8 BA
Location:
1716 Locust Ave, Long Beach, CA
Description:
Introducing 1716 Locust Avenue, an investment opportunity in the heart of Long Beach, California (90813). This cash-flowing gem has been maintained by current ownership since 2015. The subject property comprises Eight units, featuring a well-balanced mix of two 1-bedroom/1-bathroom units and six 2-bedroom/1-bathroom units. If your looking for a strong cash flow on day 1 with a potential 16% more upside, then look no further. This prime investment opportunity not only offers a stable income stream with a gross income of $166, 920 and a solid net income of $109, 175 annually but also addresses Long Beach's parking challenges. With an on-site parking, this property provides a valuable solution to the city's parking constraints. Don't miss the chance to acquire a premium property in the thriving Long Beach market, poised for both immediate returns and long-term value.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i69805688
Property Type:
Single-Family Houses
Posted:
March 24 on RealtyWW
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a 10+ BR Eight Bath Single-Family Homes for Sale at 1716 Locust Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1716 Locust Ave by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Long Beach CA.
Home For Sale In Long Beach, California is a 10+ BR Eight Bath Single-Family Homes for Sale at 1716 Locust Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1716 Locust Ave by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Long Beach CA.