134 E Market St,
Long Beach, CA 90805
在售房 $1,399,999 ($140萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

3750 平方英呎
(348平方米)

1955 年

2

冷: DUC

暖: DUC

2025年06月13日
已上市 72 天

地產編號: PW25132490
所處郡縣: LA
面積單價:$514.33/sq.ft ($5,536 / 平方米)
車位類型:NO
房屋簡介

TOTAL 6 UNITS (2x Brand New ADUs & 4x Fully Renovated Units). 100% VACANT AT CLOSE OF ESCROW. Located just north of Virginia Country Club and minutes from Bixby Knolls, Trader Joe’s, SteelCraft, and Atlantic Avenue’s boutique corridor, 134 E Market St. offers investors the rare chance to own a completely repositioned 6-unit multifamily asset in a high-demand, evolving Long Beach submarket. This turn-key investment features four fully renovated units and two ground-up, newly constructed ADUs, all completed in 2024/2025 and delivered 100% vacant at the close of escrow. Investors have full lease-up control — with no tenant buyouts, no rent restrictions on the new construction units, and zero deferred maintenance. Lease at full market rents and start cash flowing immediately. Every unit has been thoughtfully upgraded or newly constructed with today’s rental market in mind. The property is individually metered for electricity (6 meters) and gas (4 meters; ADUs are electric only). Water and trash are master-metered, with the utility setup creating the potential for RUBS implementation, subject to lease terms and management approach — offering an opportunity to streamline expenses and improve net operating income. With a projected CAP rate of 6.66%, GRM 9.76, pro forma gross income of $143,400, and offered at just $1,399,999, this is a rare chance to acquire a low-maintenance, high-yield multifamily asset in a submarket seeing strong rent growth and city-backed revitalization - one of Long Beach’s most strategic rental corridors.

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