Southeast Wrigley, CA homes for sale & real estate

Southeast Wrigley, CA Homes for Sale

Price Reduced! Present All Offers! We are pleased to present a 10 unit investment opportunity located at 1700 Pacific Ave in Long Beach. All major systems have been redone, including new electric (main and sub panels), ABS plumbing systems, new vinyl windows, and the roof is in great condition as well. At a current 5.65% Cap Rate, and 10.96 GRM with upside to a 7.26% Cap Rate and 9.29 GRM, this is priced attractively & below the area average. In addition to all of the major improvements to the property, the tenants benefit from a rear roof deck, onsite laundry room (hookups with no machines), as well as onsite parking. There is ample retail and dining options nearby, and being locat

Southeast Wrigley, CA Homes for Sale

"$200,000" PRICE REDUCTION ! Your chance to steal this 6 Plex ! Seller is ready to go. Newly painted exterior. New copper plumbing. 5 garages. This will not last.

Southeast Wrigley, CA Homes for Sale

WHAT A PHENOMENAL OPPORTUNITY TO BECOME THE OWNER OF THESE 4 UNITS IN THE CITY OF LONG BEACH. PROPERTY HAS A LOT OF POTENTIAL. 1) UNIT IS 3 BEDROOM, 1 BATH. 2) UNIT IS 2 BEDROOM, 1 BATH, 3) IS 1 BEDROOM, 1 BATH. 4) UNIT IS 1 BEDROOM 1 BATH. ALL UNITS ARE RENTED PROPERTY IS BEING SOLD WITH TENANTS IN. THIS PROPERTY JUST NEED A LITTLE BIT OF TLC ON THE EXTERIOR. THE INTERIOR OF THE PROPERTY IS IN GOOD CONDITION. PROPERTY IS CLOSE TO PUBLIC TRANSPORTATION AND EASY FREEWAY ACCESS.

Southeast Wrigley, CA Homes for Sale

PRICE REDUCED $50K. Currently a 9.4 GRM and 6.8% CAP with upside to a 8.4 GRM and 8.0% CAP. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. A number of units here are rented to Section 8 and Housing Programs - rents could easily be increased based on Payment Standards for the 90813 zip code. The 4 garages in rear could potentially be converted to ADU's - Buyer to verify. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Southeast Wrigley, CA Homes for Sale

This property has assumable financing at a great rate, value add, low rents, large unit mix, performing tenants, and a motivated seller who is open to carry the loan/seller finance the deal. Furthermore, is not contingent upon finding a replacement property. That is the difference from what you see on the market today. The OM is available for review to understand the deal and numbers.

Southeast Wrigley, CA Homes for Sale

Value add mixed use property for sale in Long Beach along with separately parceled parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long terms owners and tenants with two retail units, 7 apartments units, and an excess of parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail units out front into ADU's as well as build additional housing in the separate parking lot in the rear of the property. Owner only pays water and property taxes, separately metered for gas and electric. 1757 Long Beach Blvd, Long Beach, CA 90813, falls within the Midtown Specific Plan (SP-1) zoning area. This zoning allows for a variety of mixed-use devel