SELLER FINANCING AVAILABLE! First Time Ever For Sale! The property boasts an outstanding unit mix of: 1 - 3 Bedroom / 1.75 Bath, 2 - 3 Bedroom / 1.5 Bath & 3 - 2 Bedroom / 1.75 Bath Units, while also allowing for a competitive 5.12% Actual CAP rate, with generous upside still available. This complex also offers (8) garages (1 with direct access), as well as a convenient large on-site laundry room. Additionally, an investor will benefit from a newer roof and exterior paint, both of which were done within the last 5 years. Due to the excellent Eastside location, tenants to have close proximity to the many restaurants/shops in the traffic circle, Long Beach State University, and Recreation Park!
Sold for $2,375,000 on 10/27/23
Listing Provided by:
Pat Swanson DRE #01382974 949-724-5564,
Pat Swanson
$2,375,000
908 Roswell Ave, Long Beach, CA 90804
--beds
--baths
5,799sqft
Mixed Use
Built in 1965
-- sqft lot
$2,380,300 Zestimate®
$410/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 30, 2023 at 04:37am
Listing Provided by:
Pat Swanson DRE #01382974 949-724-5564,
Pat Swanson
Bought with:
Michael O'Neill II, DRE #02036937
CB Richard Ellis, Inc.
Source: CRMLS,MLS#: OC23139674
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,799
- Total interior livable area: 5,799 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 8
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 5,850 sqft
- Features: Landscaped
Details
- Parcel number: 7241005011
- Zoning: LBR3S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Long Beach
- Subdivision: Eastside (Es)
HOA & financial
Other financial information
- Total actual rent: 14570
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Services availability
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Estimated market value
$2,380,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,380,300