$3,395,000
6064 Atlantic AvenueLong Beach, California 90805
- 6966 SqFt
- Built 1946
- Status:For Sale
- MLS:CL26651517
- Last Updated:about 2 months ago
Overview
Huge 500k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.3% Cap Rate, 7.6 GRM, and 207k/unit after taking into
Listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.Property Details
Key Details
- Property TypeOther
- Sq. Ft.6966
- $/Sq. Ft.$487
- Built In1946
- Days on neighborhoods.com54
Exterior Features
Parking/Garage
- Garage (Y/N)No
- Carport (Y/N)No
- Parking FeaturesOther, Uncovered, Parking Space
Interior Features
Features
- Sq. Ft.6966
Utilities
- Heating (Y/N)Yes
- Heating TypeWall Furnace
Property Lot
Property Features
- Property Subtype 1Other
Location Information
- CountyLos Angeles
Lot Information
- Lot Sq. Ft.9180
- Lot Size Area0.21
- Living Area6966
- Living Area UnitsSquare Feet
- Acres0.21
