1470 Elm Avenue 1470 Elm Avenue Long Beach, California 90813 United States
$2,549,000
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PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over...
- 19
- Bedrooms
- 620 m²
- Interior
- 688 m²
- Exterior
- Residential Income
- Property type
- 1959
- Year Built
- 25484395
- Web Id
- 25484395
- MLS ID
- 101
- days ago
About 1470 Elm Avenue
PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
Listing Courtesy of The Agency
Listing Courtesy of The Agency
features
- cooling
- Propane Heating
- Parking
- Assigned Parking
PROPERTY INFORMATION
- Heating
- WallFurnace
- Parking Description
- Assigned
ADDITIONAL INFORMATION
- Number of Units
- 8
Listing Courtesy of The Agency
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Average Price
Bedrooms
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