Great opportunity for business owner operator or live in one and rent others. 4 Units in a busy street 2 Commercial units and 2 Residential. 5 car garage plus a large storage room. Alley access, secure gate.
Tremendous opportunity to own this fourplex. Live in one unit and rent the other 3. This property is close to public transportation, easy freeway access. It features 4 units. 1-3 bedroom & 2 bath. 1-2bedroom & 2 bath. 1. Single & 1 Bath. 1 Single & 1 bath.
Back units need some work. Great starter units for handy investor. The third building has four detached garages and one parking space. Great upsides potential in the area. Building has character. Some units have laundry hookups. Located near the mass transit line on Pacific Coast Metro and the Anaheim Station A lines. The property is a short distance to the historic Pine Avenue., bike trail, churches, schools, restaurants brewery and Rainbow Harbor. Located on a 7733 square foot lot. If you drive the area you can see that it is improving. The analysis is a wild guess of the expenses and gross income
Please see the Supplements section to access the Offering Memorandum. Beautiful 1151 Daisy Avenue is a charming 12 unit apartment complex in dynamic downtown Long Beach. This property features a roster of ten standard studios, two loft studios, laundry room, and four individual garages. The building was constructed in 1921, has a rentable area of approximately 4,604 SQ/FT, is built on a 7,440 SQ/FT lot, and is in absolutely turn-key condition to generate ample amounts of income from day one. All units are also individually metered for gas and electricity.
1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.
1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.
PRICE REDUCED! THIS PROPERTY IS CURRENTLY BEING RENTED AS A TRANSITIONAL LIVING HOME. IT IS PART OF A 6 PROPERTY PORTFOLLIO. PROPERTIES CAN BE SOLD SEPARTATLY. THIS BUILDING CONSISTS OF 1- THREE BEDROOM 1 BATH AND 3- ONE BEDROOM ONE BATH UNITS WITH 5 GARAGES. CHECK OUT THE INCOME.
4 Unit apartment building. Each unit has 3 bedrooms and 1 bathroom. 5 on-site carports.
The median home value in Long Beach, CA is $739,900. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Long Beach, CA is $739,900. Approximately 38.38% of Long Beach homes are owned, compared to 56.31% rented, while 5.31% are vacant. Long Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Long Beach real estate agent to arrange a tour today!
Long Beach, California 90813 has a population of 466,565. Long Beach 90813 is less family-centric than the surrounding county with 26.94% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Long Beach, California 90813 is $71,150. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Long Beach 90813 is 35.9 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 13.6 inches per year, with 0 inches of snow per year.