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Priced to sell at 9.8 GRM with upside to 8.9 GRM and a 7.7% CAP. 6 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). All 2/1's. Electrical was updated in 2024. The property was updated in 2019 throughout and is professionally managed and well maintained. Property has onsite laundry and 4 parking spaces which are rented to tenants. Qualified Buyers can put down as little as 25%. EARN OVER A 11% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Email Listing Agent for more info including a Rent Roll and OM.
| Last Updated | 1/22/2026 | Year Built | 1959 |
|---|---|---|---|
| Community | 9 - Poly High | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | 9 - Poly High |
| HEAT | Wall Furnace |
| LOT | 7501 sq ft |
| LOT DIMENSIONS | 7503 |
| PARKING | Assigned |
| STORIES | 2 |
Location
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