412 E Market St, Long Beach, CA 90805

Property is 7 units plus 1 non-conforming unit.\r\n\r\nThe property is located in North Long Beach, 2 miles south of the 91 Freeway and 1 mile east of the 710 Freeway. The area surrounding the property consists of houses, small apartment buildings and small commercial buildings. Grace Park is one block away.\r\n\r\nThe property received a substantial (over $50,000) remodel inside and out only a few years ago. The pitched roof was added, the buildings were painted, new fencing and landscaping was installed and the asphalt driveway was seal coated. Several of the units have been renovated with new kitchen cabinets, tile countertops and laminate and tile flooring.\r\n\r\nThe unit mix consists of 1-3 bedroom/1 bath, 1-2 bedroom/1 bath (non-conforming unit), 5-1 bedroom/1 bath + den and 1-studio. The dens in the 1 bedroom/1 bath units can be used as a small second bedroom. Most of the units have been remodeled and look great! The units are separately metered for gas and electricity. The property features a large garage for the tenants? cars and a laundry room.\r\n\r\nThis investment opportunity offers substantial rent upside. An astute investor should be able to increase rents and enjoy a substantial cash flow. Brokered And Advertised By: Keller Williams Beach Cities Listing Agent: Martin Ensbury