1031 E Salt Lake St Long Beach, CA 90806

1031 E Salt Lake St Long Beach, CA 90806

Long Beach, CA

Property Description

Pride of Ownership Trophy asset in Signal Hill area of Long Beach, CA. This property contains all 2 bed/1 bath units and has 4 Garage Parking Spaces and 1-2 additional off-street parking spaces. Garage parking is a rarity and owning property in Long Beach with a garage is not only desirable, but can gain up to $150 per parking space in rents. Most units are already renovated making this a turnkey asset for any buyer not needing much work. The two lowest rents are month to month and there is no rent control in Long Beach so you can raise the rents to market and get a 6.7% cap property in no time. All offers subject to inspection. Buyer to verify all information. Drive by only! Do not disturb tenants.

Property Features

  • Sale Price: $930,000
  • Area Size: 3168 SF
  • Land Area: 6494 SF
  • Year Built: 1964
  • Closing Date: 4/10/2018

Lyon Stahl Investment Real Estate

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