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House Long Beach (United States)by annonceur international
House purchase in Long Beach (United States) - Old building with green ivy facade
Backto the list : house for Sale at Long Beach

HouseLong Beach (United States)
Price :
$4,746,700
($3,637 / m²)
Surface1,305 m²bedrooms7 bathrooms25 land697 m²

PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.
Advertiser reference : 111699157Le Figaro Properties reference : 93672353

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House Long Beach (United States)

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House purchase in Long Beach (United States) - Old building with green ivy facade
Aerial view of dense urban buildings in this luxury house for sale in Long Beach ($4,746,700 - 1,305 m²)
Green apartment building facade in city - Prestige house for sale in Long Beach, 8 rooms, 7 bedrooms
Luxury house for sale in Long Beach (United States)
House - photo 5View the 18 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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