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Property For Sale Listing 161679

Residential Income - Long Beach, CA

Status as of Oct-7-2008 at 01:25 AM: Off The Market

Property Summary

Very sharp, beautiful 8-plex consists of two 2-bedroom and six 1-bedroom units--very large. Upper 2-bedroom units have balconies. Separate tenant laundry facilities with washers and dryers seller-owned that stay with transaction and generate an estimated $400/month in revenus. Six garages, fully rented at $75/month each adds another $450 in monthly revenue. Separate gas & electric. All units are attractive; some have been enhanced. Many tenants are long term. Rents still somewhat low and could be raised. All rents listed are actual. Operating expenses are estimated.


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Location

Classification: United States // Pacific States // California // Long Beach

Price

Price Classification: Between $1 Million and $2.5 Million
Asking Price: $1,139,500

Property Type

Classification: Multi-Family Properties
Type: Residential Income
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