767 Freeman Av,
Long Beach, CA 90804
在售房 $1,895,000 ($189.5萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

6751 平方英呎
(627平方米)

1961 年

2

4 停車位

冷: NO

暖: WL

2025年08月14日
已上市 7 天

地產編號: PW25182759
所處郡縣: LA
面積單價:$355.40/sq.ft ($3,825 / 平方米)
房屋簡介

Excellent cash flow building in prime Eastside Long Beach area. 7 units total, four garages with 4 parking spaces in front of garage. All unit doors face south for lots of natural light and share common back yard space for happy tenants. Common area laundry room for convenience. All units have been well maintained and upgraded, granite counters, low maintenance tile flooring and updated bathrooms. Very little deferred maintenance. All 7 unit electrical subpanels upgraded in 2024. Great location. Rose Park is right around the corner, walking distance to shops and restaurants on 4th Street, 7th Street and Redondo. Current monthly income 13,935 (167,220 annual). GRM is 11.3x. Cap rate with 35% expenses is 5.7%. Market rents are 2,250 with garage and 2050 without. Building has been professionally managed with great tenants. The building is the perfect combination of a quality and cash flow. Units show very well as they are upgraded upon vacancy. This is an easy building to own and manage with additional upside.

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