102 Pomona Ave, Long Beach, CA 90803

102 Pomona Ave, Long Beach, CA 90803

Long Beach, CA

Property Description

The subject property is located at 102 Pomona Ave in the city of Long Beach. The property has (6) six units, (5) five are 2 bedroom and one bathroom and (1) one is a studio unit. The property has laundry room and 5 single car garages. The interior of the property is in good condition, some of the units have original hardwood floors. Other units have upgraded cabinets, floors, and kitchens. The 2 bedroom units are over 1000 square feet of living space. The exterior of the property is clean and well maintained. Built in 1920’s the property has alot of original charm and character. The property is 2 blocks from the beach. The two lower units have there own personal yards on the front side of the property.

Property Features

  • Sale Price: $2,550,000
  • Land Area: 4,632 SF
  • Year Built: 1928
  • Closing Date: 1/25/18
  • Units: 6
  • Current GRM: 18.09
  • Current Cap Rate: 3.54%
  • Price Per Unit: $441,667
  • Current NOI: $93,809

Lyon Stahl Investment Real Estate

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