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House with terrace Long Beach (United States)by annonceur international
Prestige house for sale in Long Beach (United States) - Building facade with exterior staircase
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House with terraceLong Beach (United States)
Price :
$1,890,000
($3,182 / m²)
Surface594 m²bedrooms14 bathrooms9 land899 m²

PRICE REDUCED AND READY TO SELL. Priced at 9.2 GRM and a 7.3% CAP with upside to 8.4 GRM and a 8.3% CAP. 9 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. A new owner can raise rents to market and achieve a 8.4 GRM and 8.3% CAP. Earn over a 11% cash-on-cash return against in place income. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.
Advertiser reference : 106135390Le Figaro Properties reference : 92244779

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House with terrace Long Beach (United States)

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Prestige house for sale in Long Beach (United States) - Building facade with exterior staircase
Alley with houses and power lines in this luxury house for sale in Long Beach ($1,890,000 - 594 m²)
Concrete courtyard with wooden fence - House purchase in Long Beach, 15 rooms, 14 bedrooms
Buy this luxury house in Long Beach (United States) with terrace
House with terrace - photo 5View the 11 photos

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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Do you have a property to sell?

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The data entered into this form is required to allow our partner to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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