Description
Located in the desirable Historic Rose Park district of Long Beach. This 4-unit 1920's apartment property is comprised of 2 buildings on a 4,401 sq ft lot. Building features four units tucked away with private gardens, patios, built-in cabinets with the 1920's charm, updated granite counter tops, tile floors and new paint. Tankless water heaters in two of the units as well as two garages. All the units are separately metered, and tenants pay their own utilities except water. Very rare to find such a beaut Located in the desirable Historic Rose Park district of Long Beach. This 4-unit 1920's apartment property is comprised of 2 buildings on a 4,401 sq ft lot. Building features four units tucked away with private gardens, patios, built-in cabinets with the 1920's charm, updated granite counter tops, tile floors and new paint. Tankless water heaters in two of the units as well as two garages. All the units are separately metered, and tenants pay their own utilities except water. Very rare to find such a beautiful 4-unit property in this condition. Property is very quiet and on a very nice street near Rose Park. The property is located within walking distance of the vibrant Retro Row retail/restaurant area of Long Beach and the fast-developing East Village Arts District, which is close to downtown. With a current 4.78% Cap Rate, this is perfect investment for owner occupant that wants a home and rental income or for an investor who wants a low maintenance rental with excellent long-term tenants, good cash flow and upside in the rent.
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1BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Located in the desirable Historic Rose Park district of Long Beach. This 4-unit 1920's apartment property is comprised of 2 buildings on a 4,401 sq ft lot. Building features four units tucked away with private gardens, patios, built-in cabinets with the 1920's charm, updated granite counter tops, tile floors and new paint. Tankless water heaters in two of the units as well as two garages. All the units are separately metered, and tenants pay their own utilities except water. Very rare to find such a beaut Located in the desirable Historic Rose Park district of Long Beach. This 4-unit 1920's apartment property is comprised of 2 buildings on a 4,401 sq ft lot. Building features four units tucked away with private gardens, patios, built-in cabinets with the 1920's charm, updated granite counter tops, tile floors and new paint. Tankless water heaters in two of the units as well as two garages. All the units are separately metered, and tenants pay their own utilities except water. Very rare to find such a beautiful 4-unit property in this condition. Property is very quiet and on a very nice street near Rose Park. The property is located within walking distance of the vibrant Retro Row retail/restaurant area of Long Beach and the fast-developing East Village Arts District, which is close to downtown. With a current 4.78% Cap Rate, this is perfect investment for owner occupant that wants a home and rental income or for an investor who wants a low maintenance rental with excellent long-term tenants, good cash flow and upside in the rent.