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Multi Family in Long Beach, CA - Bedrooms: 7 - Bathrooms: 2 - Area: 4770 sqft - Year Built: 1923 - Lot: 7353 sqft
Listing Agent: Jon Swire Brokerage: The Agency
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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