2829 E Sawyer Street, Long Beach, CA 90805

About this fourplex

Great Investment Opportunity for your 1031 Exchange Clients ~ Quadruplex features: 4 / 2 Bedroom, 1 bath well. maintained units . inside washer / dryer hook ups, updated kitchen cabinets with granite counter tops! All tenants are Section 8 tenants, remained current during housing moratorium and are on a month to month lease which are scheduled for rent increase of $345.00 by February 1, 2022. Unit A $1640 5% applicable increase mid year Unit B $1757 due for 5% increase of $105, Feb 1st, 2022 Unit C $1902 due for 5% increase of $114, Jan 1st, 2022 Unit D $1750 5% applicable increase mid year Landlord pays Water & Trash, Tenants pay all other utilities! Centrally located near 91, 710, 110 & 605 FWY

Listing description from the March 2022 sale, as reported to CRMLS.

Sale history

$1,300,000

Sold March 2022 · listed $1,200,000, orig. $1,160,000, on market November 2021 · MLS #DW21243543 · Source: CRMLS

Listing Agent: Laura Borbon · Listing Office: Century 21 Allstars · Contact: 562-863-2121 · Bought with: Leticia Rivera · RE/MAX Estate Properties

$1,075,000

Sold July 2019 · on market June 2019 · MLS #SB19133022 · Source: CRMLS

Listing Agent: Olga Wright · Listing Office: Re/Max Commercial & Investment · Contact: 310 802-2500 · Bought with: Laura Borbon · Century 21 Allstars

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