1015 East 20th St,
Long Beach, CA 90806
在售房 $2,450,000 ($245萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

10991 平方英呎
(1,021平方米)

1924 年

2

1 停車位

2025年05月29日
已上市 43 天

地產編號: SB25120396
所處郡縣: LA
面積單價:$254.12/sq.ft ($2,735 / 平方米)
房屋簡介

We are pleased to present the opportunity to acquire a well-performing 10-unit multifamily investment in the heart of Long Beach. Located at 1001–1015 E 20th Street, this asset offers a highly desirable mix of spacious 1, 2, and 3 bedroom units totaling approximately 9,641 rentable square feet on a 10,991 SF lot. This building has the lowest price per foot metric and the highest CAP rate metric on the market currently!! The building delivers immediate day-one cash flow with a current CAP rate of 7.33%, while significant upside remains through rental increases and a potential ADU addition via an existing structure. Pro forma projections push returns to a 9.27% CAP and over 21% cash-on-cash return. Additional features include gated parking lots for tenants and separate gas & electric meters, helping keep operating costs low. Property to be sold As-Is. Inquire for further details.

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