$2,549,000
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1470 Elm Avenue Long Beach, CA 90813
Cluster
Residence
19
Beds
10
Baths
...
Bed/Bath
6,678
Sq. Ft.
Property Activity
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days
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PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is profes...sionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
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MLS#
25484395
Property Type
Cluster
Bedrooms
19
Bathrooms
Year Built
1959
Square Feet
6,678
sq. ft
Lot Size
0.17
Stories
2.0
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