PRICED REDUCED AND READY TO SELL. 10.7 GRM and 6.2% CAP against in place rents. 10 units located blocks from Downtown Long Beach where over $8BB in Redevelopment is happening. Subject to AB 1482 Rent Control (5% + CPI increases). 3 structures on a the lot. All units have been heavily remodeled with new kitchens, baths, flooring and W/D's. 10.7 GRM and 6.2% CAP and only $302/SF. Property has new windows, landscaping, lighting and garage doors and is professionally managed. Electrical was redone in 2020. All units have W/D's in them. 4 garages with additional parking for 4 cars outside. Garages are leased for $675/month total. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
For sale
Price cut: $50K (8/4)
$2,699,000
310 W 8th St, Long Beach, CA 90813
14beds
10baths
8,945sqft
Est.:
Multi Family
Built in 1929
-- sqft lot
$-- Zestimate®
$302/sqft
$-- HOA
What's special
Garage doorsNew windowsNew kitchens
- 198 days
- on Zillow |
- 43 |
- 2 |
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