With a strong unit mix of majority three-bedroom units, including a single-family home, and 45 percent rental upside this is an excellent value-add opportunity in a strong coastal rental market.
Front house is an updated 3 BD / 1.5 BA single family, craftsman style home. The two back units are each high-income producing 1 BD/ 1 BA with quiet, long-term tenants. The back units sit over 4 extra long, separate garage units and a large laundry room.
We are pleased to present 2161 Locust Avenue, a 5-unit investment property in Long Beach, California. This property has a 2 bedroom 1 bath house in front and the back structure has 3-1 bedroom units and 1- 2 bedroom two bathroom units. All the units have been fully renovated within the past 5 years. New electrical panels were added and there are 4 garages.
Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.01% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) – 1 Bedroom / 1 Bath Units, with gated carport and open parking.
Introducing 1525 Redondo Avenue, a lucrative investment opportunity with immediate upside potential with Ready to Issue permits for 2 ADUs consisting of 1,400 additional square feet. Nestled on a spacious 7,000 square foot lot, this colonial-style quadplex presents a rare chance to own a versatile income-generating property.
Discover the perfect investment opportunity with this charming duplex nestled in the heart of Long Beach. This well-maintained property features two units, each offering a cozy layout with one bedroom and one bathroom. Each unit boasts a full kitchen, ample living area, and dedicated dining space, ensuring everyday convenience and ease.
HIS DUPLEX PROPERTY HAS 2 SEPARATE HOMES IN THE LOT. THE FRONT HOUSE HAS 2 BEDROOMS, ONE BATH, WITH LOTS OF TREES IN THE BACKYARD AND IT IS SEPARATE FROM THE BACK UNITS, WHICH HAS ITS OWN PRIVATE AREA. FRONT HOME HAS STONE COUNTERTOPS, TILE IN KITCHECN AND LIVING AREA WITH ORIGINAL HARDWOOD FLOORS IN EACH BEDROOM. BACK HOMES IS ON THE SECOND FLOOR AND ON TOP OF A 3 CAR GARAGES.
1139 Junipero Avenue, Long Beach, California 90804
27Picture(s)
2,884Sqft
6,509Lot Sqft
Custom-built California Bungalow Craftsman, rich in history, dating back to 1930. This magnificent residence boasts an elegant three-bedroom, one-bath layout, along with a charming den. Behold the expansive kitchen, complete with a functional "mud room" that doubles as a laundry space, seamlessly blending the practical with the sophisticated.
Beautiful Spanish Classic remodeled 4plex featuring 4 separate garages, granite kitchens, all 2 bedrooms w remodeled bathrooms, close to transportation, shopping, Cal State Long Beach and Beach
Four units total. Front building has two units. Each is 1 BD/ 1 BA plus bonus room. Two back units sit atop 4 large garages. Each is 3 BD/ 2 BA. Rents are well below market value. Please DO NOT disturb tenants.
What a Wonderful Opportunity! Own this great duplex sitting on an INCREDIBLE 19,960 sq. ft. lot per Tax Assessor!! A total of 3271 sq. ft. of buildings according to Tax Roll... Front house is a 3 bedroom, 1 3/4 baths, approximately 2000 sq. ft., nice size kitchen, dining area, large living room, and it's own big fenced in rear yard and detached 2 car garage.
Three spacious, townhome style apartment units. Each 3 BD and 1.5 BA. Extra large lot for plenty of parking in back. Two units are Section 8 tenants, and both have recently passed inspection. Total rent is well below market value. Please DO NOT disturb tenants.
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