Jon Swire
This listing was posted on RealtyWW.
$2,349,000
Home For Sale In Long Beach, California
Price:
$2,349,000
BR/BA:
10+ BR, 10+ BA
Location:
751 Cerritos Ave, Long Beach, CA
Description:
PRICED TO SELL. 10X GRM and a 6.5% CAP on actual rents with upside to a 7.1% CAP. 10 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Built in 1987, the property is professionally managed and well maintained. There are 14 onsite parking spaces - 1 for each unit plus 4 for rent. The 2nd floor units feature tall, vaulted ceilings and some have partial ocean views. The Property has an onsite laundry room. All units were updated from 2017-2019. The subpanels are 50 AMPS and the main panel is 200 AMPS. Plumbing is copper - Buyer to verify. Priced at only $340/SF. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSES.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i71893072
Property Type:
Single-Family Houses
Amenities:
Parking, View
For sale by:
Agent/Broker
Posted:
May 16 on RealtyWW
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Single-Family Homes for Sale at 751 Cerritos Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 751 Cerritos Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Single-Family Homes for Sale in Long Beach CA.
Home For Sale In Long Beach, California is a 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Single-Family Homes for Sale at 751 Cerritos Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 751 Cerritos Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Single-Family Homes for Sale in Long Beach CA.