Low priced 6 units in desirable bixby area. Under $100k per door!!! lowest price per door in the area! all units are 1 bed/1 bath with a parking space for each. Long term tenants have occupied the property for up to 18 years! tenants pay their own gas and electricity, so owner s expenses are low. Upside in rent increases cash flow potential. There is a laundry room onsite that is currently being used as a storage room for owner. Some upgraded copper piping and 2 recent unit renovations. New roof in 2008. Actual and market rents shown below. Grm and cap are based on market rents.
Click here to learn more about this listing.Exterior Details
Contact Info
Agent: Rich Mchugh
Easy Link To This Page
$599,000
12 W. Pleasant St.
Long Beach, CA 90805
Multi-Family Home
3100 Square Feet (approx.)
Year Built: 1955
ID#: S583161-SOCAL
Real Estate Market Info
*Based on zipcode 90805
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