Nows your chance to grab this Incredible investment opportunity in Long Beach. This clean, well-maintained building offers four single units, featuring one bedroom, one bathroom and separate garage parking. This complex offers an excellent location in the heart of Long Beach, just a few blocks from Downtown. It is near public transportation and is within walking distance to local parks Long Beach Poly High School, George Washington Middle school, and is a short drive to CSULB. This building is situated in a non-rent control area and with market rental rates, offers a cash on cash return of 7.9% with proposed financing. Each unit is individually metered for electricity and gas and this is a low maintenance property, perfect for the owner/resident or investor. If youre seeking an investment property with a positive ROI, this is the place for you.
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HOM SOTHEBY'S INTERNATIONAL
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This Multi-Family home
for sale in Long Beach, CA
is currently listed for $725,000.
Featuring a lot size of 4,496 Sq. Ft.,
324 W 12th Street
was built in 1978 and
has been on coldwellbankerrealestate.com for 28 days.
This listing is provided courtesy of HOM SOTHEBY'S INTERNATIONAL.
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Coldwell Banker Beachside Realtors
6700 E. Pacific Coast Highway
Long Beach, CA 90803
Thomas Denny Cal BRE 00338218
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Data last updated: Sunday, December 4, 2016 at 7:51 AM. Properties in listings may have been sold or may no longer be available.