This property has assumable financing at a great rate, value add, low rents, large unit mix, performing tenants, and a motivated seller who is open to carry the loan/seller finance the deal. Furthermore, is not contingent upon finding a replacement property. That is the difference from what you see on the market today. The OM is available for review to understand the deal and numbers.
7 Unit Apartment Building in beautiful Bixby Knolls area of Long Beach. Building is mostly original with that Long Beach originality and charm. Lots of potential with this one. Family owned for many years. Freshly painted. New electrical upgrade. Nicely landscaped.
5339 Ocean Boulevard, Long Beach, California 90803
17Picture(s)
3,048Sqft
2,540Lot Sqft
Exceptional Investment Opportunity with views in Belmont Shore – Across the street from the sand and water - 6 Units on Ocean Blvd. Introducing 5339 E. Ocean Boulevard, a rare opportunity to own six income-generating units in one of Long Beach’s most coveted coastal neighborhoods, Belmont Shore.
- 4 Beds & 7 Baths
- 4,452 SF
- Four large 1 bedroom & 1 bathroom (Front Building)
- individual gas & electric meters
- Building in none rent controlled area
- Close to Blue Line transportation, school
- Most 1 bedroom units have new kitchen cabinets,
floor & windows and inside paint
- 1 bedroom units have laundry hook-ups
THE PROPERTY IS SOLD AS-IS CONDITION.
Rare 4-Unit Trophy Property in the Heart of Belmont Shore – 5.46% Cap Rate!
Welcome to 159 Roycroft Ave, an exceptional 4-unit investment opportunity nestled on one of the most coveted streets in Belmont Shore.
Pleased to present 1135 E. 3rd Street, an 11-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row.
Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning, 7,500 sf lot! Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beach’s most desirable areas.
Awesome 7-Unit Rental Property with Major Upside Potential! Don’t miss this unique investment opportunity featuring 7 rental units spread across 5 individual buildings in a well-maintained compound. With strong tenant stability and significant room for rent increases, this is the perfect value-add property for savvy investors.
386 Mira Mar Avenue presents a rare opportunity to acquire a trophy Spanish Revival fourplex, offering a strong cap rate of over 4% and a pro forma cap rate of 4.85% in the highly sought-after Belmont Heights neighborhood.
3438 Santa Fe Avenue, Long Beach, California 90810
14Picture(s)
6,576Sqft
7,506Lot Sqft
Introducing 3438-3440 Santa Fe Avenue- a prime FULLY LEASED 8 plex investment (ALL 2BR units) in Long Beach (TWO separate twin 4 unit buildings adjacent to each other with a common driveway) being sold together. First time to market in over 40 years. ****May be able to take advantage of conventional 4 unit financing as each building has its own APN. Check with your lender.
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 8.85 GRM and 7.36% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and 2 one-bedroom apartments, with most of the units being single story construction.
PRICE REDUCED AND READY TO SELL. Priced to sell at 10.1 GRM and 6.5% CAP with upside to 9.4 GRM and a 7.2% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street.
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