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477 E South Street
Apartment
$3,800,000

Unidades

16

Tamaño del Edificio

9,840 sf

Tamaño del Lote

10,428 sf

Estado

Vendida

Agente del Listado: Doug Rodermund, Morgan Skenderian

Long Beach

477 E South Street

Sobre Esta Propiedad

Pleased to present 477 E. South Street near the Bixby Knolls area Long Beach. The 16-unit apartment community is comprised of a desirable unit mix of all 2-Bedroom/1-Bathroom units. The building also offers tenants access to a treelined community courtyard with drought resistant landscaping. There is also a community laundry room for tenants to use. Priced under $250,000/unit the property generates cashflow to a 6.3% CAP Rate on current rents with additional upside for the prudent investor. The community is extremely well located just off Atlantic Avenue restaurants and shops. It also offers easy access to 91, 710, and 405 freeways.

Composición de Unidades

  • 9 unidades · 2rec / 1ba

Vecindario

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Vendida Por

$3,800,000

Agente de Listado

Doug Rodermund

Morgan Skenderian