Long Beach 9 Unit Multifamily -Renovated

  • $
  • $ 0/sq ft
Long Beach, CA 90807... Click on the address to view full address

Overview

Property ID: 2298
  • Multi Family Home
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 1200
  • Sq Ft
  • Year Built

Fix and Flip

  • $0
  • Purchase Price
  • $0
  • ARV
  • $0
  • Rehab Cost

Buy and Hold

  • $ 0
  • Purchase Price
  • $ 0
  • Expected Rent
  • 0%
  • Gross ROI

Description

PRICED REDUCED AND READY TO SELL. 9.5 GRM on current rents with upside to 9 GRM and 7.3% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Qualified Buyers can put as little as 25% down.


Address

  • Address Long Beach, CA 90807

Details

Updated on January 08, 2026 at 08:42 am
  • Property ID: 2298
  • Price: $
  • Property Size: 1200 Sq Ft
  • Bedrooms: 2
  • Bathrooms: 1
  • Year Built: ----
  • Property Type: Multi Family Home
  • Property Status: For Sale

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  • Farrah Mitchell

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