$1,649,000
Great opportunity for a 1031 investor. 5 units located blocks from Retro Row in Long Beach where all the hip restaurants and stores are. Also a short walk from the beach. NOT subject to local rent control, just AB 1482 (CPI + 5% annual increase). The property features a 3 bedroom single family home and a separate 4plex in the rear with 4 1bed/1bath units (2 units upstairs and 2 down). All units have washer dryers in them and have been heavily updated. The electrical was updated in 2017. There is garage and street parking available. This is an excellent property as a 1031 Upleg or for a new investor. EMAIL LISTING AGENT FOR MORE INFO INCLUDING AN OM.
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Listed by Jonathan Swire with The Agency (424) 230-3700
Property Type
Residential Income
Status
Active
MLS Number
26660255
Year Built
1923
Lot Size
7,353 sq ft