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436 E MARKET Street E
$999,990

Units

9

Building Size

7,480 sf

Lot Size

11,996 sf

Status

Sold

Listing Agent: Bob Eilers, Star Real Estate

Long Beach

436 E MARKET Street E

About This Property

CASH COW!!! 7.7% (true)CAP RATE!!! 8.6 X GROSS!!TWO SIDE BY SIDE 4-PLEX'S (ALL 2 BEDROOM 1 BATHROOM UNITS) + DETACHED BUILDING (CURRENTLY BEING USED AS PRESCHOOL).UPSIDE ON RENTS! LOW EXPENSES! SEPARATE GAS & ELECTRIC METERS. EXISTING 1ST TD OF $475,000 @ 3.325% PAYABLE $2,800 PER MONTH CAN BE ASSUMED. THE BUILDING WILL ALSO QUALIFY FOR APARTMENT FINANCING

Unit Mix

  • 5 units · 2bd / 1ba
  • 1 unit · 0bd / 2ba

Neighborhood

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

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Sold For

$999,990

Listing Agent

Bob Eilers

Star Real Estate