š¢ Here's what $2,165,000 gets you in Long Beach ā an 11-unit multifamily property.
š¬ Comment "727" for the address, price, photos & full property details.
š² For a quicker response, text "727" to
562-600-9793.
This Long Beach investment property is currently producing approximately $228,000 in gross annual income with a $150,000 NOI and 7.0% cap rate. The property features ten 1-bedroom units plus a 2-bedroom house, with most units heavily updated, 7 parking spaces and additional value-add potential for investors.
Thinking about buying or selling a multifamily property in Long Beach or Southern California? We'd love to help.
Ray Miramontes | The Mira Group
Circle Real Estate | DRE
#01931740
Listing courtesy of Jonathan Swire | The Agency
MLS
#26853651