$2,140,000
623 E Broadway
Long Beach, California 90802

Overview

2nd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.5% from day 1 with easily achievable upside to 8.1% Cap Rate on Proforma. Priced at only 178k per unit for

Listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.
    623 E Broadway

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    +1(888) 897-9225
    623 E Broadway

    Learn more about this listing.

    By requesting more information, you agree that Neighborhoods.com may call, text, or email you about your inquiry, which may be made with automated means (including recorded voice messages, SMS, or text messages). You understand that your consent is not a prerequisite for buying, selling or renting a property. You may revoke your consent at any time by contacting optout@neighborhoods.com. Message/data rates may apply. You also agree to Neighborhoods.com’s Privacy Policy and Terms of Use.
    +1(888) 897-9225

    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.5020
    • $/Sq. Ft.$426
    • Built In1923
    • Days on neighborhoods.com49

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesOn Street

    Interior Features

    Features
    • Sq. Ft.5020
    Utilities
    • Heating (Y/N)Yes
    • Heating TypeWall Furnace

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.3308
    • Lot Size Area0.08
    • Living Area5020
    • Living Area UnitsSquare Feet
    • Acres0.08
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