12-Bedroom ResidentialIncome — 925 E 19th Street, Long Beach, CA

About this property

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.

Property details

Location

925 E 19th Street • Long Beach, CA 90806

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Listed by

Jonathan Swire · The Agency