21 Well Kept Units | Value Added Opportunity
$5,640,000
527 E 3rd St, Long Beach, CA 90802
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 07/18/2024
3.39
Cap Rate
191,095
NOI
Details:
Cap Rate: 3.39%
NOI: $191,095
Building Size: 12,052 sqft
Units: 21
GRM: 19.78
Year Built: 1948
Price Per Sqft: $467.97
Price Per Unit: $268,571
Floors: 2
Highlights:
- Located in Heart of Downtown Long Beach
- Not subject to Rent Control
- Value Added Opportunity
- Long Term Tenants
- 2 Parking Spaces rented for Added Income
Description:
Very nice building in a great location in Long Beach
21 Well kept units near 3rd and Lime
Great investor property with strong occupancy and steady income
Documents:
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Offering Memorandum
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Location
Gallery
