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2073 Locust Avenue A
$1,729,000

Unidades

8

Tamaño del Edificio

5,954 sf

Tamaño del Lote

7,486 sf

Estado

Vendida

Agente del Listado: Jonathan Swire, The Agency

Long Beach

2073 Locust Avenue A

Sobre Esta Propiedad

PRICED TO SELL. 9.9 GRM AND 6.4% CAP with upside to a 7.1% CAP. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Only $290/SF. Located in the quiet residential Wrigley area, the property is professionally managed and well-maintained. Onsite laundry room. There are 5 garages in the rear, each could rent for as much as $125/garage. The Electrical Main Panel is 200 AMPS (Siemens) and the Subpanels are 50 AMPS (Siemens) - Buyer to verify. The seller spent over $175K at the time of purchase on new exterior paint, landscaping, and interior updates to units including new kitchen countertops, vinyl flooring and paint. Email Listing Agent for more info including a Rent Roll and actual expenses.

Composición de Unidades

  • 1 unidad · 1rec / 1ba
  • 1 unidad · 2rec / 1ba

Vecindario

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Vendida Por

$1,729,000

Agente de Listado

Jonathan Swire

The Agency