2208 W Cameron St, Long Beach, CA 90810

2208 W Cameron St, Long Beach, CA 90810

Long Beach, CA

Property Description

Lyon | Stahl is pleased to present this great owner user duplex on 2208 W Cameron St in the heart of Long Beach, California. This property boasts a desirable unit mix of (2) 2-bed/1-bath units and a double car garage in the front with laundry hook ups. The lot is also 3,000 sqft and has just under 1,200 of livable sqft for both units. 2208 W Cameron St has very easy access to all major freeways and is in close proximity with the city’s public transportation system. Long Beach is experiencing some incredible new developments such as the New Long Beach Civic Center Project, Queen Mary Island Development, and countless others that will add up to over $1 Billion dollars injected into the city over the next 5-10 years!

<strong>Investment Highlights: </strong>
<li>Desirable Unit mix consisting of (2) 2-bed/1-bath units</li>
<li> Double Car Garage</li>
<li>Laundry hook ups inside Garage</li>
<li> Sits on 2,999 sqft lot and has 1,157 livable sqft</li>
<li>Just minutes away from all major Freeways!</li>

Property Features

  • Sale Price: $500,000
  • Area Size: 1,157 SF
  • Land Area: 2,999 SF
  • Year Built: 1952
  • Closing Date: 3/19/19
  • Units: 2
  • Current GRM: 14.81
  • Current Cap Rate: 4.96%
  • Price Per Unit: $275,000
  • Current NOI: $27,302.35

Lyon Stahl Investment Real Estate

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