Listed by 562-377-2370 - Marvin Malone - DRE #01202247 - Amberwood Real Estate, Inc. 562-799-2388
$1,749,900 affordable loan icon Calculate Payment

522 Rhea Street Long Beach, CA 90806

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Fourplex Residence
Beds
Baths
4,212 Sq. Ft.
0.15 Acre Lot
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Last updated on 1/8/2025 3:27 AM

Listing Details

Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $147,300 per Year!!! With a Current Cap Rate at 6.6, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Ro...of, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6 Continue reading
MLS#
PW24016535
Property Type
Fourplex
Status
Year Built
1923
Square Feet
4,212 sq. ft
Lot Size
0.15
Stories
2.0
Sewer
Sewer Connected, Public Sewer
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Listed by 562-377-2370 - Marvin Malone - DRE #01202247 - Amberwood Real Estate, Inc. 562-799-2388
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 1/8/2025 3:27 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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