Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a… Read More refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security. Read Less
Courtesy of Morgan Skenderian 949-251-8800
Listing Snapshot
Days Online
154
Last Updated
Property Type
Apartment
Beds
16
Square Ft.
6,640
Lot Size
0.15 Acres
Year Built
1987
MLS Number
PW26102404MR
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Dryer Included, Refrigerator, Washer, Washer Included
Building
6,640 sq ft, Built in 1987, Detached/No Common Walls
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