This great four unit building has been meticulously cared for and includes recent complete copper plumbing, upgraded electric and fixtures, newer appliances and simple landscaping to give the future owner years of low maintenance and trouble free income. There are (2) 2BR. 1BA units and (2) large 1BR 1BA units, all with individual laundry room including washer/dryer (tenants love this). The units are large, over 800 square feet. Each unit includes ceiling fans throughout, (one in each bedroom and family rooms) newer flooring, stove, refrigerator, washer, and dryer. The two upstairs units also have private balconies. There are also two garages two open parking spaces. Rent are under current market potential for Alamitos Beach - one of the hottest markets in Long Beach at $78480 ($6540/mo.) with market rent at $91,500 (7625/mo.). THAT'S A MARKET RATE GRM OF ONLY 12.8!
Unit 1237 is being left vacant for viewing - is available M-F 9 -4 and it is beautiful!
The property is located close to beach access, the convention center, restaurants, shopping, performing arts center, all kinds of entertainment, the courthouse, businesses and public transportation.