$2,349,000
bedrooms
12
bathrooms
0
square feet
5,119
Acreage
0.155
Open Houses
-
year built
1953
Full Baths
0
Half Baths
0
PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights - heavily remodeled in 2019 - over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in-place rents. Excellent unit mix for the area with 1 and 2-bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well - new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers - 5.25% 5-year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
| Location | |
| Subdivision | - |
| County | Los Angeles |
| Elementary School | - |
| Middle School | - |
| High School | - |
Exact location data not provided
Open houses
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Last update: Thursday, February 13 2025 at 12:07 p.m. EST
Kotohomes National