$3,185,000
Off Market

1885 Locust Avenue

Long Beach, CA 90806
0.16 acres | #SB23059434
Listing OfficeThe Realestate Group
Type:Multi-Family
Structure:House
Zone:Residential

Description

Clean Apartment Building in Excellent Rental Area. 13 Units. Three 2-Bdrms. and 10 1-Bdrms. Gated Building. On-site Manager.
Brand New Water Heater. Lots of Upside in Rents! Current GRM 13.4 X Gross! Only 11.57 X Gross at Market Rents!. Laundry Room Provides Additional Income. Existing Assumable Loan of $1,720,000 at 3.3%! (Call For Further Details) Listing Agent is a 50% Partner in the Property.

Location

Lynn O'NeilReal Estate Group
OR