Property listed by ADW Management USA, Inc., Mariko Artis [email protected]
$1,450,000
A well maintained 6-unit multifamily property in the high demand Long Beach rental market! The unit mix consists of one and two-bedroom floor plans with each tenant being responsible for their own electricity, gas, and trash utilities. Tucked in the rear of the property is a common area laundry room… Read More where additional income can be generated and 6 off-street parking spots for the tenants’ use. This professionally managed property is also conveniently situated near the 710, 405, and 91 freeways and is in close proximity to the desirable Bixby Knolls neighborhood, Long Beach Airport, and a few miles away from Downtown Long Beach. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.13 Acres
Year Built
1959
MLS Number
SB26003176
Additional Details
Appliances & Equipment
GasRange
Building
Built in 1959, 1 building, Building faces South, 2 stories, Levels: Two, Entry level: 1, Entry location: Ground, Construction Materials: Stucco
Community
StreetLights
Expenses
Electric: $605, Fuel: $1,728, Gardener: $960, Insurance: $4,180, Maintenance: $6,000, Operating: $44,330, Pest Control: $564, Water/Sewer: $2,341, Other Expense: $1,000
Fence
Block, Wood
Fireplaces
None
Foundation
Slab
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $125,420, Gross ScheduledIncome: $125,420, Net Operating Income: $77,328
Laundry
CommonArea
Lot
0.1348 acres, ZeroToOneUnitAcre
Parking
6 open parking spaces, 6 total parking spaces, Assigned, Driveway, Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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