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.

Address

  • Address 1031 E Salt Lake St
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Country United States

Details

Updated on March 14, 2019 at 5:19 pm
  • Property ID: LSSB18002330
  • Price: $930,000
  • Property Size: 3168 Sq Ft
  • Land Area: 6494 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage: 1
  • Garage Size: 4
  • Year Built: 1964
  • Property Type: Multifamily
  • Property Status: Closed Sale, Sold

Overview

Property ID: LSSB18002330
  • Multifamily
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 1
  • Garage
  • 3168
  • Sq Ft
  • 1964
  • Year Built

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  • lyonstahl

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