Units
4
Building Size
4,451 sf
Lot Size
7,148 sf
Status
Sold
Listing Agent: Thomas Beadel, Thomas James Capital Inc.
Long Beach
1466 W 19TH Street W
About This Property
$$$$$ MAJOR PRICE REDUCTION $$$$$ FHA QUALIFIED, Bring your FHA BUYERS, Large Four Unit Property on a nice street in West Long Beach, NO RENT CONTROL. This is a good unit mix with 2-4 Bedroom 2 Bath units each rented at $1500 per month, and 2-3 bedroom 1 GOOD tenant at $1420. There is also a detached 4 car garage access from the alley. The property has been extensively remodeled with new bathrooms in all 4 of the units, all new paint, new permiter fence, and new low maintanence landscaping. This property has great cashflow with over $6000/month in income. There is a laundry room that has 2 washers and 2 dryers on site, machines are owned & generates extra income. You will not find a better cashflowing property in the area. 7.5 Gross Rent Multiplier on this great cashflowing property that needs no work. Ready for the carefree investor who wants tremendous cashflow. Hurry will not last at this price in this condition.
Unit Mix
- 1 unit · 4bd / 2ba
- 2 units · 3bd / 1ba
Neighborhood
This property is located in Long Beach. Want to learn more about the area?
Explore CommunitiesSold For
$549,999
Listing Agent
Thomas Beadel
Thomas James Capital Inc.
