Washington School, CA homes for sale & real estate

Washington School, CA Homes for Sale

1526 Cedar Avenue is a six-unit multifamily asset located in the Washington District of Long Beach, offering investors a true value-add opportunity with multiple paths to increase income and long-term value. Sitting on a large 7,735 square foot lot, the property provides the potential to add an ADU by converting the detached garages or utilizing the middle section of the lot, which would significantly boost future income (Buyer to Verify). In addition, the building features one vacant unit that allows a new owner to capture market rent immediately, while the property overall offers approximately 21.5% rental upside. The unit mix consists of (1) two-bedroom, one-bath unit and (5) one-bedroom

Washington School, 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 6.01% Cap Rate, and 10.41 GRM with upside to a 7.71% Cap Rate and 8.82 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

Washington School, CA Homes for Sale

Stylish Condo with Efficient Layout in Long Beach! Welcome to your new two-story condo in the heart of Long Beach! This inviting two-bedroom, two-bath home features an efficient layout that optimizes space usage, perfect for modern living without sacrificing comfort. As you step inside, you'll be greeted by a thoughtfully designed living area that seamlessly connects to the dining space, creating an ideal spot for both relaxation and entertaining. The kitchen is well-equipped, providing everything you need for your culinary adventures, while the private patio offers a delightful outdoor escape for enjoying your morning coffee or unwinding after a busy day. Upstairs, you'll find two spac

Washington School, CA Homes for Sale

PRICE REDUCED - and PRICED TO SELL. Currently a 9.1 GRM and 7.0% CAP with upside to a 8.2 GRM and 8.3% 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. Qualified Buyers can put down as little as 25% on a new loan. Earn over 9% cash on cash against in place rents, and over 14% cash on ca