$2,200,000
( $239.13Per Sq Foot )
$11,810 est/mo Sourced by Back At You208 W Anaheim Street , Long Beach, CA 90813
Long Beach, CA 90813
Description
MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof!! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play or great for government sponsored tenants. Would also work for regular tenants as well (after reno). Great opportunity and this will NOT last
Details
| MLS# | DW23158483 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 414 |
| Listing Provided By | West Shores Realty, Inc. 310-541-8000 | Mark Velasco |
Features
| SQ Feet | 9,200 |
|---|---|
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 1 |
| Acreage | 0.11 |
Market Activity 90813
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 699 Not Defined |
| Listing VS Median (in 90813) | |
Price: $2,200,000 low | high Med: $739,900 SqFt: 9,200 low | high Med: 1,368 $ / SqFt: $239 low | high Med: $541 On Site: 414 low | high Med: 79.000000 | |
Listing Updated: October 4, 2024 at 11:14:40 AM PDT