$1,450,000
• Across the street from Franklin Classical Middle School • Minutes to Alamitos Beach & Downtown Long Beach • Walking distance to 4th Street Retro Row – Walk Score of 92 • Upgraded electric panels • Approximately 18% rental upside • 6.5% Cap Rate – current rents 8.5% Cap Rate – market rents • Pro Forma 12% Return
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Listed by Grant Hahn with Morgan Skenderian (949) 251-8800
Property Type
Apartment
Status
Active
MLS Number
PW26101958
Year Built
1943
Lot Size
10,019 sq ft