A great 4-unit building, located in a great area of Long Beach, and smooth running property. What more could you ask for? The property consists of 4 one-bedroom units that are single-story. All units have a front and back door, with the ability to create a private backyard/patio for each if the property owner desired. There are also 4 single car garages, which the current owner uses all of them for storage, and 3 additional uncovered parking spots that could be rented out for additional income. . Individually metered for gas and electricity that tenants are responsible to pay. The property was just recently painted throughout the exterior and has an amazing sense of curb appeal. The current GRM is 16.03, but at market rents, the property drops to 13.01 GRM. With over a 1/4 acre lot and endless opportunity, this property is ready for the next investor to add their touch to it and take it to the next level!
Listing courtesy of Listing Agent: Dustin Edwards (email@example.com) from Listing Office: Beach Cities Management, Inc..
Listing sold by Spencer Pabst from Pabst, Kinney & Associates
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