6901 LONG BEACH Boulevard

About This Property

6901/6911 Long Beach Blvd consists of 24 units with a unit mix of all two and three bedrooms. The Garden Style building is in a non rent control area located near the Cross Street of Long Beach Blvd and 69th street. The property consists of two 12 unit buildings in average condition. The building is fully occupied and there is room to increase the rents. The expenses are very low with the tenants responsible for gas, elec, and hot water. The building has 34 parking spaces and situated on a large lot. The building does meet the city's parking requirement for a possible condo conversion, should the buyer choose to convert in the future. Check with the city. Please call for a full package. Market Cap Rate 7.39%

Unit Mix

• 2 units · 2bd / 1ba
• 2 units · 3bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?