$2,075,000
623 E BroadwayLong Beach, California 90802
- Neighborhood:East Village Arts District, Downtown Long Beach
- 5020 SqFt
- Built 1923
- Status:For Sale
- MLS:CL26869467
- Last Updated:about 1 month ago
Overview
3rd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.75% from day 1 with easily achievable upside to 8.4% Cap Rate on Proforma. Priced at only $172k per unit f
Listing courtesy of Julio Ruiz, Global Platinum Properties, Inc.Property Details
Key Details
- Property TypeOther
- Sq. Ft.5020
- $/Sq. Ft.$413
- Built In1923
- Days on neighborhoods.com40
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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