Units
4
Building Size
4,350 sf
Lot Size
5,196 sf
Status
Sold
Listing Agent: Karl Kaiser, Tom and Associates
Long Beach
915 GAVIOTA Avenue
About This Property
STABLE investment property with very little deferred maintenance. Sold as is. Seller is owner of the proprty. Purchased June 2008. Two section 8 tenants that love living there and the government pays you direct that has a year contract for $3,150 per month! That pays all your bills and the other two studios are your profit-$1,400 per month cash flow depending on how much you place down. The entire property was renovated in 2006 by previous owner. I have had no head aches with this property. I own it out right and I have another project starting soon. If you are looking for a stable cash cow with about 8% return, this is the investment property for you. THIS IS NOT A SHORT SALE or FORECLOSURE!
Neighborhood
This property is located in Long Beach. Want to learn more about the area?
Explore CommunitiesSold For
$525,000
Listing Agent
Karl Kaiser
Tom and Associates
